Want to start a new business? Perhaps you shouldn’t do it in Minnesota. According to one new ranking, you’d be facing a better policy environment in 42 other states.

According to the Small Business & Entrepreneurship Council, Minnesota ranks 43rd on its annual index of the states. That puts Minnesota in the company of California, New York, and New Jersey, to name three states. The only states with lower scores are those in the Northeast, and California.

Among the highlights for the state are five negative items and two positive ones. First, the negative:

• High personal income, individual capital gains, corporate income, and corporate capital gains
taxes
• High unemployment taxes
• Large number of health insurance mandates
• Imposes added death tax
• Imposes individual and corporate alternative minimum taxes

The positive
• No Internet access and Amazon taxes
• Strong education reforms