Rich states/poor states: see where your state ranks
Dr. Arthur B. Laffer and Stephen Moore (economist and editorial board member of The Wall Street Journal) analyze the fifty states’ economic competitiveness against free-market principles and sixteen factors they identify as affecting a state’s competitiveness. In their study, “Rich States/Poor States: The ALEC-Laffer State Economic Competitiveness Index,” they include many different types of taxes, state debt, the quality of the state’s legal system, the state’s minimum wage, worker’s compensation costs, whether it is a right-to-work state and any recent tax policy changes.
Laffer and Moore also provide a “State Roadmap to Prosperity” in which they show how relatively low taxes and regulations give people more reasons to work, increasing incomes, investment and employment and bringing more people to the state.
Click here to see where your state ranks.
Related Posts
- Massachusetts voters rejected repeal of state income tax
- To much government spending may cost state workers in California
- Gov. Schwarzenegger lays off 10,000 state employees and 200,000 receive min. wage
- California losing businesses, no longer the Golden State
- States Face Two Immediate Financial Problems: Short-Term Borrowing and Large Budget Deficits
Tags: Arthur b. laffer, poor states, rich states, stephen moore, The ALEC-Laffer State Economic Competitiveness Index, wall street journal
Favorite Me
Follow Me
Subscribe
Loading ...
July 31st, 2008 at 8:59 am
Nice legend.
July 31st, 2008 at 10:56 am
My state is ranked 47th. We are poor and jobless and angry. But you just think we are a bunch of dirtbag scumbags who deserve to be thrown away like garbage.
Maybe you need to get out of your million dollar mansion and see how the other half lives!