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BLUE STATES JOIN RED STATES ON TAX REFORM


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blue-states-join-red-states-on-tax-reformHuman Events:

Though conservative “red” states have more competitive tax systems and regulatory systems, legislators in many liberal “blue” states are beginning to respond with good reforms of their own, according to the latest release of the American Legislative Exchange Council’s Rich States, Poor States report.

 

In all, 17 states enacted important tax reforms in 2013, making it “a standout year for tax changes in the states,” according to the authors.

 

ALEC released the report’s State Economic Competitiveness Index in April and in August followed with the release of three new chapters: one on important state policy developments that occurred during 2013 and the first half of 2014; the second on the migrations of people and their wealth into and out of states; and the third on the real-world effects of government policies including minimum wage laws, estate or “death” taxes, and tax burdens.Scissors-32x32.png


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