The UACPA is thrilled to see another achievement for Utah's economic outlook with the ALEC-Laffer State Economic Competitiveness Index "Rich States, Poor States."
In the introduction to the case, it states, "The Economic Outlook Ranking is a forecast based on a state’s current standing in 15 state policy variables. Each of these factors is influenced directly by state lawmakers through the legislative process. Generally speaking, states that spend less — especially on income transfer programs, and states that tax less—particularly on productive activities such as working or investing — experience higher growth rates than states that tax and spend more."
In this April 9th interview, Jonathan Williams, Vice President of the Center for State Fiscal Reform with the American Legislative Exchange Council talks about the results and how Utah keeps leading.