ON-Lion Letter
Utah holds the top spot for states with the best economic outlook in 2013, followed by North Dakota, South Dakota, Wyoming and Virginia, according to a May report from the American Legislative Exchange Council (ALEC) in Washington, D.C.

"Utah's economic policies have remained strong, and because of their firm commitment to economic growth and competitiveness, they've ranked first in all six editions of our report," said Jonathan Williams, director of ALEC's Center for State Fiscal Reform and co-author of Rich States, Poor States:  ALEC-Laffer State Economic State Competitiveness Index.

Rich States, Poor States examines the latest trends in state economic growth.  The data ranks the 2013 economic outlook of states using 15 equally weighted policy variables, including various tax rates, regulatory burdens, and labor policies.  The sixth edition focuses on the growing momentum in state capitals for fundamental pro-growth tax and pension reform.  It also features a case study on California's fiscal health and outlines how California lawmakers can restore economic prosperity.

Nationally, states with low tax rates, limited government regulations, and right-to-work laws were most likely to have a better economic outlook than states with high income taxes and burdensome regulations.  The report shows that over a 10-year period, the nine states without personal income taxes have outperformed the nine states with the highest income tax rates in population, job, and revenue growth.

Its two other co-authors are Arthur B. Laffer and Stephen Moore.

The Lynde and Harry Bradley Foundation in Milwaukee supports the Center for State Fiscal Reform.
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