Annual Rich States, Poor States Report: Winners, Losers Fall Along Red State/Blue State Divide

….competition between states rather than federal control is the key to economic success:

Unfortunately the Biden administration has wanted to do is reduce a lot of those competitive factors in between states. They want to federalize a lot of these activities, whether it’s on healthcare or education or a blue state bailout, or bringing back the state and local tax deduction, which I think is a terrible idea.

“I think New York and California should have the right to raise taxes on their citizens if they want to, but they shouldn’t be able to export those taxes to people in other states. So we need to preserve the federalism system.”

“It works fantastically and it rewards states for doing the right things and, frankly, it punishes states for doing a lot of things,” Moore said


The report drills down on economic policies in all 50 states, including:

• Top Marginal Personal Income Tax Rate

• Top Marginal Corporate Income Tax Rate

• Personal Income Tax Progressivity (change in tax liability per $1,000 of income)

• Property Tax Burden

(per $1,000 of personal income)

• Sales Tax Burden

(per $1,000 of personal income)

Estate/Inheritance Tax Levied?

• Public Employees Per 10,000

of Population (full-time equivalent)

• State Minimum Wage (federal floor is $7.25)

• Right-to-Work State?

(option to join or support a union)





read more: https://www.breitbart.com/politics/2021/05/13/annual-rich-states-poor-states-report-winners-losers-fall-along-red-state-blue-state-divide/







This is no surprise to those of us who study economics. It is inevitable that low tax fewer regulation states are going to do better than states with the opposite. Democrat high tax many regulations and no economic freedom for workers are not going to succeed. Long established economic powerhouse states that blue fans brag up to this day are losing ground to more recently fast growing red states.

 

Red states rock! Blue states lose.

 

Huh? These are Breitbart's metrics for success?

Let's get some real statistics up...

You also seem to have a short-term memory. We have already established that there are poor States and there are wealthy States - with wealth that doesn't necessarily correlate with whether 51% of the population voted for a certain political party.

Trump has clearly brainwashed you.