Where should you start up your brand new business in this tough economy? Would you believe Utah? It has one of the lowest capital gains tax rates in the nation, a regulatory environment that makes for a pro-business climate, an educated labor force, a great quality of life, and energy costs lower than in most of the U.S.

Forbes released its list of the best states for business for 2010. Utah came in first, followed by Virginia, North Carolina, Colorado, and Washington based on rankings of the factors listed above, along with some other variables. More and more, businesses such as Adobe, Oracle, and eBay are moving some operations there and those states would be the top places to think about taking a start-up if you are not limited by location.