RICH STATES, POOR STATES
Posted by philhardwick on April 13, 2008
The American Legislative Council’s report, RICH STATES, POOR STATES ALEC-Laffer State Economic Competitiveness Index, is now available online. Click here to find out where your state is ranked; click here for the complete report in pdf format.
The 16 variables in the index are:
• Highest marginal personal income tax rate
• Highest marginal corporate income tax rate
• Progressivity of the personal income tax system
• Property tax burden
• Sales tax burden
• Tax burden from all remaining taxes
• Estate tax/Inheritance tax (Yes or No)
• Recent Tax Policy Changes 2005-06
• Debt service as share of tax revenue
• Public employees per 10,000 residents
• Quality of state legal system
• State minimum wage
• Workers’ Compensation costs
• Right-to-work state (Yes or No)
• Tax/Expenditure Limit
• Education Freedom Index
April 13, 2008 at 6:54 pm
[...] philhardwick wrote an interesting post today on RICH STATES, POOR STATESHere’s a quick excerptHighest marginal personal income tax rate • Highest marginal corporate income tax rate • Progressivity of the personal income tax system • Property tax burden • Sales tax burden • Tax burden from all remaining taxes … [...]