ALBANY, N.Y. (AP) - New York is next to last in an annual ranking of states with business-friendly tax policies.

New York slipped two places to 49th in the Tax Foundation's 2009 Business Tax Climate Index, which rates states based on their corporate, individual, sales, unemployment and property taxes.

Only New Jersey was beneath New York in the latest ranking by the nonprofit and nonpartisan foundation, which has been examining government fiscal policies since 1937. California, Ohio and Rhode Island rounded out the bottom five.

Wyoming ranked first, followed by South Dakota, Nevada, Alaska and Florida.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)