Wyatt earp
Diamond Member
- Apr 21, 2012
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Thanks Obama!!!!!!!
(Oh wait he didn't do anything )
Every day in America the 50 states compete against each other for people, jobs, investment capital, and overall prosperity. This interstate competition is economically healthy because it forces governors and legislators to adopt fiscal and regulatory policies that maximize job opportunities and prosperity for their citizens. Right-to-work laws and low income taxes are the two policies that matter most in terms of the prosperity of states. If every state were to adopt the pro-growth policies recommended in this study, each state and the nation as a whole would be better off.
The competition among the states is becoming more intense as businesses become more mobile. Toyota and Boeing are two high-profile employers in America that have crossed state borders because of the policy advantages of one state over another. Toyota moved from high-income-tax California to no-income-tax Texas, and Boeing, based in Washington, a forced-union state, opened a new plant in South Carolina, which has a right-to-work (RTW) law
Taxes. On taxes, we compare the nine states without a personal earned-income tax (Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire, and Tennessee) with the nine states with the highest income taxes (Kentucky, Minnesota, Maryland, Vermont, New Jersey, Oregon, Hawaii, New York, and California).[7] The results are shown in Chart 1:
Americans are voting with their feet to keep more of their income. The nine zero-income-tax states gained an average of 3.7 percent of their population from domestic in-migration from 2003 to 2013, while the highest-income-tax states lost an average of 2.0 percent of their population during the same period.
The jobs growth rate was more than double in the zero-income-tax states than in the high-income-tax states
People are moving to right-to-work states. Population growth as an equal-weighted average from 2002 to 2012 was 12.6 percent over the past decade in RTW states and only 6.5 percent in non-RTW states
1,000 People a Day: Why Red States Are Getting Richer and Blue States Poorer
(Oh wait he didn't do anything )
Every day in America the 50 states compete against each other for people, jobs, investment capital, and overall prosperity. This interstate competition is economically healthy because it forces governors and legislators to adopt fiscal and regulatory policies that maximize job opportunities and prosperity for their citizens. Right-to-work laws and low income taxes are the two policies that matter most in terms of the prosperity of states. If every state were to adopt the pro-growth policies recommended in this study, each state and the nation as a whole would be better off.
The competition among the states is becoming more intense as businesses become more mobile. Toyota and Boeing are two high-profile employers in America that have crossed state borders because of the policy advantages of one state over another. Toyota moved from high-income-tax California to no-income-tax Texas, and Boeing, based in Washington, a forced-union state, opened a new plant in South Carolina, which has a right-to-work (RTW) law
Taxes. On taxes, we compare the nine states without a personal earned-income tax (Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire, and Tennessee) with the nine states with the highest income taxes (Kentucky, Minnesota, Maryland, Vermont, New Jersey, Oregon, Hawaii, New York, and California).[7] The results are shown in Chart 1:
Americans are voting with their feet to keep more of their income. The nine zero-income-tax states gained an average of 3.7 percent of their population from domestic in-migration from 2003 to 2013, while the highest-income-tax states lost an average of 2.0 percent of their population during the same period.
The jobs growth rate was more than double in the zero-income-tax states than in the high-income-tax states
People are moving to right-to-work states. Population growth as an equal-weighted average from 2002 to 2012 was 12.6 percent over the past decade in RTW states and only 6.5 percent in non-RTW states
- The right-to-work states enjoyed a jobs growth rate more than three times that of the forced-union states. Job growth was up 6.8 percent in RTW states and only 1.9 percent in non-RTW states.[17]
1,000 People a Day: Why Red States Are Getting Richer and Blue States Poorer