Taxes Don’t Matter? The Return of Junk Economics
The Detroit News published an opinion editorial today from ALEC’s Tax and Fiscal Policy Task Force Director Jonathan Williams on state tax increases, debunking the myth that taxes don’t affect citizens or job creation:
“The tax-and-spend crowd . . . argues that high income taxes are necessary to ensure tax ‘fairness.’ In reality, attempts to redistribute wealth through state tax codes fall flat on their faces nearly every time they are tried. Americans have, and exercise, the ability to ‘vote with their feet’ and change their residence to a state of their choice.
No state has ever taxed its way to prosperity. People and businesses will continue to vote with their feet towards the states with the most competitive business climates.”