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18 min read State Corporate Income Tax Rates and Brackets, 2026 Forty-four states levy a corporate income tax, with top rates ranging from a 2 percent flat rate in North Carolina to an 11.5 percent top marginal rate in New Jersey

It dates back to around 1660, with the introduction of tobacco to Britain from the New World

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If the state wants to do this fine, let them do it at the state level if they think that is the right thing to do, said selectmen John Knowlton, We have a tobacco control issue that wants to grind this down to destroy a business almost completely. Knowlton made the motion to make no changes to the current tobacco policy and keep it as is, voting in favor of the motion was McKinnon, Knowlton, and Leilani Dalpe while voting was selectmen chairman Allin Frawley and Diane Stewart