Chuck Eckenstahler has an interesting blog post on Government tax policy and economic growth.
Thoughts about Community Economic Development
GOVERNMENT POLICY AGAIN DIFFERENTIATES GROWTH VS. DECLINE
For the fifth year in a row, government policies differentiate growth in state economic performance.
Arthur Laffer and Stephen Moore, again in their American Legislative Exchange Council Rich States – Poor States Economic Competitive Index, document key government actions that encourage and restrict economic vitality.
Policies for growth include –
- Lower personal income taxes
- Lower corporate income taxes
- Lower sales taxes
- Right–to-Work business cost advantages