Low-Tax Economists Say Taxpayers Won Major Legislative Battles in 2016
In a midterm update of the “Rich States, Poor States” measure of economic competitiveness, economists for the American Legislative Exchange Council said taxpayers won some significant policy battles — while losing some others — in 2016 legislative sessions.
Authors Arthur Laffer, Stephen Moore and Jonathan Williams argue that states that adopt free-market-friendly policies tend to experience more growth and a rosier economic outlook. In the ninth edition of “Rich States, Poor States,” Utah, North Carolina and North Dakota topped the list, while New Jersey, Vermont and New York found themselves at the bottom.
An update released Friday points to recent wins in lowering taxes and removing forced unionism policies in the months since the report was released. Last week, Missouri became the 28th state to adopt a right-to-work law, following Kentucky’s passage earlier this year, with New Hampshire seriously considering a similar statute.
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Kampis, Johnny. (2017, Feb. 13). Low-Tax Economists Say Taxpayers Won Major Legislative Battles in 2016. Retrieved http://watchdog.org/288295/taxpayers-legislative-battles/