A newly released report examines the tax burden and economic climate of all 50 states and ranks them, with Utah coming in first and New York coming in last.
The report, released by the American Legislative Exchange Council (ALEC), says that “cutting taxes, paying down debt and maintaining free market policies have significantly helped states attract new residents.”
“Americans continue to vote with their feet toward states that have lower tax burdens and value economic competitiveness,” said Jonathan Williams, ALEC Chief Economist and Executive VP of Policy. “Rich States, Poor States teaches us that states with lower taxes, especially those that avoid personal income taxes, have seen significantly better rates of in-migration than states with high income tax rates.”
…