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Unformatted text preview: DDI 2009 File Name Wesley Page __ of __ AT: Public Benefit Tax Higher State Level taxes destroy the economy and Competitiveness and exacerbate poverty Arthur B Laffer, Ph.D in Economics and MBA from Stanford, Former member of the Presidential Economic Advisory Board, CEO Laffer Associates, a global finance group, Former Professor at the University of Southern California, Distinguished University Professor of Economics and Mercer University, and Stephen Moore , Former Senior Economist for the Congressional Joint Economic Committee, December 10 th , 2007 , The (Tax) War Between the States, http://online.wsj.com/article/SB119724619828518802.html A record eight million Americans moved from one state to another last year. Where is everyone going, and why? The answer has little to do with climate: California has arguably the nicest climate of any state in the nation -- yet in this decade more Americans have left the Golden State than entered it. Migration patterns instead reveal which states have the most dynamic and desirable economies, and which are "has-been" states. The winners in this contest for the most valuable resource on the globe -- human capital -- are generally the states with the lowest tax,...
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This note was uploaded on 12/20/2010 for the course K 101 taught by Professor Staff during the Fall '10 term at UMass Lowell.
- Fall '10