Thursday, October 22, 2020

Michigan in botton 10-----The Best and Worst States for Economic Policy? | International Liberty

The Best and Worst States for Economic Policy? | International Liberty

"...Today, let’s build on that research by reviewing two new reports than rank state economic policy.

First, we have the American Legislative Exchange Council’s 2020 Report on Economic Freedom

It’s based on several factors, but I can’t help but notice that the 10-best-ranked states include five with no income tax and three with flat taxes.

If you look at the 10 states at the bottom of the rankings, by contrast, they almost all have so-called progressive taxes. The only exceptions are Alaska, which (as noted above) finances a big government with energy taxes, and Illinois, which has a flat tax that currently is under assault by the state’s big spenders...Read all.

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