Tag: Rich States Poor States
Tag: Rich States Poor States (page 2)
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Louisiana’s Competitive Neighborhood Problem: Jonathan Williams on the Moon Griffon Radio Show
ALEC Executive Vice President of Policy and Chief Economist Jonathan Williams spoke with host Moon Griffon of Talk 107.3 FM in Louisiana while attending the Solutions Summit 2023 hosted…
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Inflation Crushing Americans: ALEC Offers Solutions on NewsTalk STL Radio
Thomas Savidge, ALEC’s Center for State Fiscal Reform Research Director, spoke with Tim Jones and Chris Arps on NewsTalk STL radio about the country’s crushing inflation and why it is happening. …
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ALEC in Center Square: Why Illinois Doesn’t Rival Prosperous Arizona
Jonathan Williams, ALEC Executive Vice President, Policy and Chief Economist, was recently featured in Center Square, speaking about the economic prosperity of Arizona compared to states like Illinois. The…
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ALEC on CBS 8 San Diego: More California Companies Expanding in Other States
Last week, ALEC Vice President of Policy Lee Schalk appeared on CBS 8 San Diego to discuss the trend of businesses leaving California. “I think it’s very telling that…
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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: New Yorkers Fight Back Against Big Government Spenders
This week on ALEC TV, ALEC’s Executive Vice President of Policy and Chief Economist Jonathan Williams and ALEC’s Public Affairs Director Catherine Mortensen spoke with New York Assemblyman Kevin Byrne…
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ALEC in the Deseret News: Why Utah leaders call this economic ranking for the state ‘monumental’
Utah’s economic outlook tops the nation for 15 years in a row By Katie McKellar Apr 18, 2022 For the 15th year in a row, Utah has again…
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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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Americans Can Be Thankful for Tax Cuts
Since Congress passed the Tax Cuts and Jobs Act of 2017 (TCJA), Americans are getting a larger piece of the pie from federal tax cuts and ensuing state tax reforms…
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Invasion of the Budget Snatchers: The Looming State Financial Crisis
Like the beginning of a horror movie, the end of a budget process is often bright with people smiling, shaking hands, and congratulating themselves on passing a balanced budget. But…
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There’s No Better Time for Tax Reform in Virginia than the Present
The Tax Cuts and Jobs Act of 2017 marked the first federal tax reform in more than 30 years. However, Virginia has not made a significant effort to reduce the…
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Ohio State of the State
Governor John Kasich delivered his final State of the State address in an optimistic tone, exclaiming “I believe the state of Ohio is stronger today than it’s been in…
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Governor Walker’s State of the State: “Getting positive things done for the people of Wisconsin”
Wisconsin Governor Scott Walker delivered his 8th State of the State address in Madison, highlighting his “ambitious agenda” for the 2018 legislative session. Major areas of focus include education,…
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Trouble in Paradise: Hawaii Governor Ige Acknowledges Livability Concerns
The governor took note of several pressing concerns—energy, affordable housing, education, and income growth. However, many of his solutions threaten to aggravate the underlying problems.
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Oklahoma State of the State: Governor Fallin Delivers Stern Tax and Spend Message
Despite early promise of being a bold reformer, the governor now zealously possesses the tax and spend mantle. And the spending extends beyond education. She promises a cornucopia of spending courtesy of the tax hikes on “initiatives that each of you are passionate about.”
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Illinois State of the State: “We cannot tax and borrow our way into prosperity”
Governor Bruce Rauner focused largely on the financial stress plaguing Illinois during his 2018 State of the State Address and Budget Address. The Land of Lincoln is one…
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Minnesota State of the State
Governor Mark Dayton delivered his final State of the State address in a largely optimistic tone declaring, “Our number one priority should be tax fairness for individual Minnesotans and their…
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New Mexico State of the State: Governor Applauds Economic Diversification and Pushes for Comprehensive Tax Reform
The governor’s proposals for comprehensive tax reform, economic diversification, infrastructure spending prioritization, and education reform can generate longer-term opportunities. However, additional changes are needed. The state’s tort system and worker’s compensation costs remain economic drags. The relative lack of tax and expenditure limits and 8th highest number of state employees per capita contribute to a bloated state government.
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Alaska State of the State: Governor Calls for Expanded Energy Production along with Higher Taxes
Governor Walker's wholehearted support for a continued energy production renaissance, energy infrastructure development, and expanded international trade bode well for an Alaskan economic rebound. However, the continued advocacy for income taxes and sales taxes combined with lack of acknowledgement of much-needed operational reforms threatens to negatively counter those pro-growth actions.
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Wyoming State of the State: Fiscal Soundness Despite Setbacks in Energy Sector of Economy
Wyoming enjoys the 8th best economic outlook in the nation, according to Rich States, Poor States. This outlook has failed to translate into performance largely due to numerous macroeconomic factors and regulatory measures. The governor’s commitment to state regulatory reform, bureaucratic downsizing, and budget reform has resulted in the state weathering this storm with a strong balance sheet and low taxes. Rather than resort to higher taxes or centrally planned economic development, the continuation of a business-friendly climate is needed to incentivize further diversification and future growth of the economy.