Archives: Tax Reform / Articles
Archives: Tax Reform / Articles (page 7)
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ALEC’s Flagship Guide to Economic Growth: Rich States, Poor States
For nearly 16 years, Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index has been a guiding light for legislators to help improve their state’s Economic Outlook. Chronicling how…
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Idaho Joins Historic 2022 Flat Tax Revolution
Steve Forbes’ Flat Tax Revolution is in full swing in the states. Days ago, Idaho became the latest state to switch from a progressive personal income tax to…
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Tax Rates Impossible to Ignore as New Yorkers Migrate South
As the New York Times recently reported, New York City saw record levels of residents moving out of the city during the first year of the COVID-19 pandemic. According…
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Michigan Has the Right Idea: Keep the 2017 Federal Tax Cuts
Last week, the Michigan State Senate adopted a resolution sponsored by State Senator Jim Runestad (White Lake) calling on the United States Congress to extend the Tax Cuts and…
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Tax Myths Debunked
In light of the most recent round of naysayers, let’s debunk some myths about Rich States, Poor States. Contrary to what some believe, the Rich States, Poor States…
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VIDEO: Counting Down the Top States for Economic Outlook – #2 North Carolina
Our Policy Hour series on the top states for Economic Outlook continues with North Carolina. ALEC’s Jonathan Williams and Lee Schalk spoke with North Carolina Representative Jason Saine, Senior Chairman…
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VIDEO: Stephen Moore and Jonathan Williams Discuss ALEC Resolution Calling for Trump Tax Cuts to be Made Permanent
FreedomWorks Economist Steven Moore and ALEC Executive Vice President of Policy and Chief Economist Jonathan Williams sat down with ALEC Public Affairs Director Catherine Mortensen this week to talk about…
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Taxpayers Voting with Their Feet
2022 Rich States, Poor States Report: ALEC-Laffer State Economic Competitiveness Index “The number one reason on census surveys that people give for moving from one state to another…
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A Super Bowl Football Fans and Taxpayers Could Enjoy
If you’re like me and made Valentine’s Day dinner reservations not realizing it was Super Bowl Sunday, you’ve spent the week catching up on highlight reels. One of the biggest…
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Americans Continue to “Vote with their Feet” on Lockdown and Economic Policies
According to recently released new Census Bureau data, taxpayers in states with stringent COVID-19 lockdown policies and higher cost-of-living “voted with their feet” in favor of states with…
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The Reconciliation Spending and Health Care
The $3.5 trillion reconciliation package contains costly policy proposals which could stifle economic growth. Many have balked at the spending, which has prevented the package from being rushed through.
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A Successful Northeastern Regional Tax and Economic Policy Academy
This week, ALEC hosted the Northeastern Regional Tax and Economic Policy Academy. This three-day event brought together state legislators from across the region to learn about pro-growth tax and fiscal…
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Governor Cox Discusses the Secret to Utah’s Success at ALEC 48th Annual Meeting
Governor Spencer Cox addressed the ALEC 48th Annual Meeting in Salt Lake City. He cheered on Utah’s successes, including earning a number 1 ranking in the ALEC-Laffer Annual Report Rich…
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A Great Week at the Great Lakes Tax and Economic Policy Academy
From August 18th – 20th, ALEC hosted the Great Lakes Regional Tax and Economic Policy Academy at Northwood University in Midland, Michigan. This three-day event brought together state legislators from across…
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40th Anniversary of Reagan’s Economic Recovery Tax Act
This week marks the 40th anniversary of the Economic Recovery Tax Act. President Ronald Reagan signed this groundbreaking tax legislation into law on August 13, 1981 from his beloved Rancho…
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OPEB: The Good, the Bad, and the Ugly
The Center for State Fiscal Reform at the American Legislative Exchange Council recently released “Other Post-Employment Benefit Liabilities: The Continuing Need for OPEB Reform,” the latest in a series of ALEC annual publications examining growing state financial liabilities.2 Our report continues to find that states with some of the highest tax rates (for example, California, Illinois, New Jersey, and New York) have some of the highest unfunded OPEB liabilities as well.
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Arizona Lawmakers Approve Historic Tax Relief
Policymakers in Arizona just approved a historic state budget that will allow hardworking taxpayers across the state to keep more of their hard-earned paychecks. The net tax cut of…
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Arizona Can Seize the Opportunity to Restore Economic Competitiveness
The U.S. Census Bureau’s 2020 data and the congressional reapportionment that will follow proves that Americans “vote with their feet” away from high-tax states to lower-tax states. In an…
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Arizona Delivers COVID-19 Tax Relief
With the 2020 tax deadline approaching, Arizona Senate President Pro Tempore Vince Leach and House Majority Leader Ben Toma realized their state had not yet conformed its tax code to important relief provisions in the federal Coronavirus Aid, Relief and Economic Security (CARES) Act. Many states around the country conformed their state tax codes to the CARES Act to offer state-level tax relief, but Arizona’s tax code still applied pre-COVID-19 tax policy to income earners. Consequently, Arizona taxpayers’ 2020 tax liabilities became much higher than taxpayers in states that offered COVID-19 tax relief.
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Rich States, Poor States: An Explainer
What is Rich States, Poor States? Watch this video to learn about the ALEC-Laffer State Economic Competitive Index, and what it means across the states.