Here’s More Evidence That Low Tax Rates Are Good For Business And The Prosperity Of Everyone

Taxes

This episode of What’s Ahead discusses the newly released State Business Tax Climate Index from the renowned, nonpartisan Tax Foundation.

It’s no surprise that almost all the states with the most benign business tax regimes are run by Republicans, while those with the worst are governed by Democrats. No wonder the bad ones are seeing people and businesses voting with their feet and moving to more hospitable climes.

Given this, it’s surprising that none of the major GOP presidential candidates has made radical tax cuts the centerpiece of their campaign the way Ronald Reagan did so successfully in 1980 against the high-tax incumbent, Jimmy Carter.

Articles You May Like

Workers are dobbing in more employers than ever, and the Fair Work Ombudsman is chasing $453m
Figma sinks after earnings beat as company prioritizes long-term growth with AI changes
Apple’s quarter is not perfect. But with enough to like, we raised our price target
Westpac banks $6.8 billion but warns house prices could sink almost 11 per cent
Wayfair sales jump 10% as furniture retailer says it’s winning share of sluggish market

Leave a Reply

Your email address will not be published. Required fields are marked *