Tag: Rich States Poor States

Tag: Rich States Poor States (page 6)

  • No Snake Oil, Life is About Incentives image

    No Snake Oil, Life is About Incentives

    By Jonathan Small, CPA Many have heard the saying, “You reap what you sow.” This is an undeniable fact of life, reality. Essentially, this saying means that productive …

  • A New Dose of Junk Economics image

    A New Dose of Junk Economics

    Despite the mountains of credible statistical evidence, the growing scholarly economic consensus, and sheer common sense, another report is released to claim that taxes don’t matter in state economies. The …

  • Capital Gains Taxes: The Phantom Menace image

    Capital Gains Taxes: The Phantom Menace

    Film fans are abuzz over news that George Lucas will sell LucasArts, along with the globally renowned “Star Wars” franchise to Disney for a staggering $4 billion.  But as Quentin …

  • Hired With a Silver Spoon? image

    Hired With a Silver Spoon?

    At a time when states are tightening their budgets and looking everywhere to find savings, one area has been largely overlooked. A new study released by Citizens Against Government …

  • The Need for Corporate Tax Reform image

    The Need for Corporate Tax Reform

    It’s no secret that the U.S. corporate tax rate is one of the highest in the world. However, a recent report released by the Cato Institute measured exactly …

  • Inside ALEC Takes on Taxes image

    Inside ALEC Takes on Taxes

    “No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this …

  • Taxes Push Firms Abroad image

    Taxes Push Firms Abroad

    More and more U.S. companies are moving their corporate headquarters abroad to seek more favorable tax treatment of corporate income, according to recent analysis from the Wall Street Journal.

  • New Study Shows State and Local Business Taxes on the Rise image

    New Study Shows State and Local Business Taxes on the Rise

    The Council on State Taxation (COST) recently released a study revealing that businesses paid a total of $644 billion in state and local taxes in fiscal year 2011 …

  • An Expensive Year for Government image

    An Expensive Year for Government

    The Cost of Government Center (CGC) is part of the Americans for Tax Reform Foundation, a non-profit group that promotes flatter, simpler and lower taxes across the US. CGC …

  • Unfunded pension liability worse than expected image

    Unfunded pension liability worse than expected

    The issue of state pension sustainability has been a cause of major concern ever since the 2008 recession took a severe toll on pension investment portfolios. State Budget Solutions, …

  • A False Choice in Illinois image

    A False Choice in Illinois

    This Friday, the Illinois General Assembly will convene a one-day special session to address the state’s overwhelming pension liability.  Illinois faces a pension funding crisis of at least $83 billion …

  • The Avoidable Bankruptcy Catastrophe image

    The Avoidable Bankruptcy Catastrophe

    Bankruptcy has become a real danger to municipalities that choose not to address their fiscal problems. And for most, the problem at the top of the list is unfunded pension …

  • Taxpayers Flee Maryland image

    Taxpayers Flee Maryland

    A recent study by the non-partisan group Change Maryland is garnering significant attention after finding more evidence that the state’s wealthiest residents are being driven out by excessive personal …

  • Taxes Don’t Matter? The Return of Junk Economics image

    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 …

  • Deep Blue Pension Reform image

    Deep Blue Pension Reform

    It’s no secret that America’s pensions are a major cause of fiscal stress across the country. According to a report last year from State Budget Solutions, most analysts agree that …

  • Letter to Detroit News: ALEC’s Contribution Worthwhile image

    Letter to Detroit News: ALEC’s Contribution Worthwhile

    The Detroit News published a special letter from ALEC today on Michigan’s economic improvements over the past year as well as the attacks on ALEC from radical extremist groups: …

  • Rothschild: “4 reasons that ‘Rich States, Poor States’ matters” image

    Rothschild: “4 reasons that ‘Rich States, Poor States’ matters”

    By Dan Rothschild Dan Rothschild responded to yesterday’s release of ALEC’s ‘Rich States, Poor States’ report: “In a presidential election year, all eyes are focused on Washington and the …

  • N.J. could use ALEC’s ideals image

    N.J. could use ALEC’s ideals

    The Newark Star-Ledger reported on ALEC last week. We responded with an op-Ed in Sunday’s edition talking about our principles and the real policies New Jersey could use to enhance …

  • States Look to Eliminate Personal Income Taxes image

    States Look to Eliminate Personal Income Taxes

    Facing big budget shortfalls, many states are considering fundamentally changing their tax structure. Kansas, Missouri, and Oklahoma are currently attracting the most attention with proposals to eliminate or reduce their …