A new study by Americans for Tax Reform shows states gaining congressional seats in the decennial reapportionment process have "significantly lower taxes, less government spending, and were more likely to have 'Right to Work' laws in place" compared to those states losing seats.
The study found the average top personal income tax rate among gainers is 116 percent lower than among losers. It also revealed the total state and local tax burden, as well as government spending, was about one-third lower.
In addition, seven of the eight gainers give workers the choice as to whether or not they join a union.
"Because reapportionment is based on population migration, this is further proof that fiscally conservative public policy spurs economic growth, creates jobs, and attracts population growth," the ATR report said.
It's tough to argue with the facts.
Thursday, November 18, 2010
Study finds fiscal conservatism spurs economic growth
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1 comment:
"Fiscal conservatism" is just another contemporary term for feudalism. Feudalism has never spurred economic growth nor has "fiscal conservatism. They're both abject failures.
Why? Because they seek to concentrate wealth into the hands of the few rather than seeking any capitalistic proportional distribution of profits.
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