Data Dump Americans for Economic Freedom
Conservative states lead in influx of personal income, population growth, employment growth, GDP growth, and growth of labor force. While liberals love to show charts showing red states are "poorer, less educated, blah blah blah", they're looking at the static picture. In fact, many of these states just recently became quite conservative (Texas used to vote for Democrats for governor/state legislature until the mid 90's) and just began to implement these smart policies. On the same token, the income growth/prosperity in blue states was generated when they were more conservative.
The dynamic picture shows that red states are advancing while blue ones are receding.
Sorry, but NJ, NY, CA, CT and IL are the wealthiest states with a per capita income much higher than the national average. Many of these states are also laying off or cutting workers which decreases state income and output as well.
This is more Art Laffer incessant bullshit. This site fails to mention that ALL of the high tax states are among, by far, the wealthiest in the nation as far as gross state product and per capita income are concerned. Sure, some people will move, but are they insinuating a surgeon from New York will move to North Carolina to practice surgery in Anytown, NC? Come on, spare me. Yeah, a NY surgeon will move to NC to practice medicine, where the gross state product is one-fourth less than NY? Yeah, ok.
Last time I checked, TX, FL, and NV ranked 33, 22 and 18 in the nation, respectively, in terms of per capita income.
TX and FL have per capita income below the US national average. NY, NJ and CA rank among the highest in the nation in terms of per capita income and gross state product. Sure, states with no income taxes may create more jobs, but they tend to be low paying jobs. And the only reason they have no state income taxes is due to the fact they run surpluses as a result of trade with the rest of the country. They get away with this nonsense mostly due to comparative advantage: fewer services compared to higher tax states in the country, low wages, etc.
This is more delusional dogma by reactionaries.