Tag: Rich States Poor States
Tag: Rich States Poor States (page 6)
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Tax Cronyism is No Substitute for Good Tax Policy
One of the most significant upsets of the 2014 midterm elections was the choice by Maryland voters to elect a candidate who campaigned on lowering tax burdens and creating a…
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Jonathan Williams Presents on Rich States, Poor States Report
Recently, Jonathan Williams, the senior director of the task force on tax and fiscal policy at the American Legislative Exchange Council, gave a presentation to a group of…
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New Report on State and Local Business Taxes
The Council on State Taxation, in conjunction with Ernst & Young, recently released a report on state and local taxes paid by businesses in Fiscal Year 2013. The…
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The joke’s on them: High-ranked states in ‘Rich States, Poor States’ perform better
This appeared on the Daily Caller April 16, 2014. The 7th edition of Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index was released yesterday and has received attention…
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Michigan rejoins U.S. economy
This appeared on The Detroit News on May 15, 2014. For most of the last decade, Michigan has unquestionably had the worst performing state economy.
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New 2014 Rich States, Poor States Rankings Show States Are Making Large Reforms
Since 2008, Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index has used the latest economic data to determine which states are doing well and which states are struggling. The…
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Oklahoma Tax Cuts Back on Track
Oklahoma is back on track to reduce its personal income tax and make sure it remains economically competitive. Last year, Oklahoma legislators voted to reduce the state’s personal income…
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In Texas, Economic Freedom Produces Innovation and Growth
The United States is in the midst of an economic paradigm shift as evidenced by the evolution of state-level economies. States that used to be bastions of economic innovation are…
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Governor Scott Takes Aim at the Corporate Income Tax
In a recent Bloomberg television interview, Governor Rick Scott of Florida detailed his plan to cut $500 million in state taxes and fees. The state of Florida is currently…
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Rain Tax Fines Drench Maryland’s Carroll County
Maryland’s Carroll County recently received a letter from Assistant Attorney General Paul DeSantis, threatening to fine the county $10,000 for each day that it does not enact a…
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Colorado Taxpayers Reject Tax Increases, Choose Growth
On Tuesday a ballot measure to raise income taxes on Coloradans to raise funds for increased education spending failed. In fact, the measure, Amendment 66, didn’t just fail–it went…
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California Raising Minimum Wage and the Economic Consequences
Once again California has thrust itself into the national spotlight as a leader in enacting the policy wish list of the American Left. This time, California’s legislature has voted to…
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Why work when welfare pays more?
The Cato Institute recently released an updated version of a decades-old study analyzing welfare benefits on a state-by-state basis. The study, The Work vs. Welfare Trade-Off, found that the…
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Texas vs. Maryland: Opposing Economic Strategies
Recently, Texas Governor Rick Perry and Maryland Governor Martin O’Malley had a verbal sparring match on CNN’s Crossfire. Both participants mentioned various statistics and claimed the mantle of economic success…
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Pennsylvania Aims to Reform Government Pensions
By Fara Klein and Nick Oswald Pennsylvania legislators are gearing up to tackle one of the largest financial problems facing states today: unfunded pension liabilities. The traditional defined-benefit model for…
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Right-to-Work Would Have Put Michigan in Top 10 in Rich States, Poor States
Economic growth has been at the top of legislative agenda in Michigan in recent years. The state has repealed the Michigan Business Tax, initiated the phase-out of the personal property…
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North Carolina picks prosperity through pro-growth tax reform
Both houses of the North Carolina legislature are currently considering competing bills that lower taxes by $1 billion or more over the next five years, move the state to a…
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Government Accountability Office Releases Annual Waste Report
Every year, the Government Accountability Office (GAO) releases a report, first commissioned by Sen. Tom Coburn, detailing instances of waste and duplication by federal agencies. This year the waste…
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Center on Budget and Policy Priorities: Long on Opinion, Short on Research
The Left-wing Center for Budget and Policy Priorities (CBPP) is out with a new essay attacking the economic basis for low tax, free-market, limited government policy proposals like those laid out in …
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ALEC Releases New Report: Tax Myths Debunked
Across the country, states are seeking new ways to become more competitive and enhance economic growth. Unfortunately, economic prosperity can be elusive, as some “well-known” policy prescriptions fail to deliver…