Run the numbersA new study may surprise Democrat and
Republican politicos, but it is no shock to libertarians and free market
advocates.
Lawrence J. McQuillan and Hvannes Abramyan give
the results of a recent study by the Pacific Research
Institute.
Now new data is out and it shows that the states that embraced supply-side tax cuts are not only financially more sound and enjoy stronger economies, but they are draining residents away from the states that opted for high taxes. The Pacific Research Institute has crunched the tax numbers in all 50 states and published the "U.S. Economic Freedom Index" ranking all states according to how friendly or unfriendly their policies were toward free enterprise and consumer choice in 2004--the most recent year that comparative data is available for each state. It's clear that the economic policies of 2004 determined where each state fell in the rankings, and shaped 2005 economic performance. Consumer choice. Free enterprise. Radical thoughts, aren't they? Sadly, today they are. Posted: Tue - May 16, 2006 at 04:31 AM
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Pagan Vigil
Pagan philosopher, libertarian, and part-time trouble maker, NeoWayland watches for threats to individual freedom or personal responsiblity. There's more to life than just black and white, using only extremes just increases the problems. My Thinking Blogger Nominees
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