Cronyism

Taxes Don’t Matter? The Return of Junk Economics

The Detroit News published an opinion editorial today from ALEC’s Tax and Fiscal Policy Task Force Director Jonathan Williams on state tax increases, debunking the myth that taxes don’t affect citizens or job creation:

“The tax-and-spend crowd . . . argues that high income taxes are necessary to ensure tax ‘fairness.’ In reality, attempts to redistribute wealth through state tax codes fall flat on their faces nearly every time they are tried.  Americans have, and exercise, the ability to ‘vote with their feet’ and change their residence to a state of their choice.

No state has ever taxed its way to prosperity. People and businesses will continue to vote with their feet towards the states with the most competitive business climates.”

Click here to read the entire article.


In Depth: Cronyism

Cronyism in tax policy stifles innovation, hinders competition and introduces a deep temptation for corruption. The 2014 ALEC Center for State Fiscal Reform study, The Unseen Costs of Tax Cronyism: Favoritism and Foregone Growth, found that in the most recent year in which states published their respective tax expenditure …

+ Cronyism In Depth