Indiana Ranked Second In New Economic Report

Widely regarded economic report has the Hoosier state highly regarded.

The report was posted via (full post here) and showed Indiana #2:

The tenth edition of the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index has just been released, and once again, Utah was found to have the best economic outlook of any state in the nation. The rankings are based on 15 equally-weighted economic policy variables, including tax rates, labor policy, and regulatory climate. They continue to show that states valuing economic freedom and competitiveness outperform states adhering to the tax-and-spend model, with state economic policies having a substantial effect on where businesses and individuals choose to set up shop.

Taxes matter for economic competitiveness. People and businesses often seek out lower tax burdens across state lines. Rich States, Poor States data shows states that keep taxes low, avoid job-killing over-regulation, and follow prudent budget practices consistently and significantly outperform their highly taxed, over-regulated counterparts. Shown below are the top- and bottom-ten states in terms of economic outlook for 2017. Over the past decade, two states have made the top ten in the rankings every single year: Utah and Wyoming. In fact, after enacting tax cuts, a flat tax, and pension reforms, Utah has earned the top spot in all ten editions of Rich States, Poor States — a truly impressive accomplishment. On the other side of the spectrum, New York and Vermont have managed to land in the bottom ten each of the past ten years.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.