LEADER 00000nam  2200445 a 4500 
003    TLC 
005    20141231195158.0 
006    m        d         
007    cr unu|||||||| 
008    140428s2014    nju     ob    001 0 eng d 
020    9781118921234 (electronic bk.) 
020    9781118921241 (electronic bk.) 
037    A04FBDA9-4CBF-4780-AEA7-8FE0A1D11FFF|bOverDrive, Inc.
       |nhttp://www.overdrive.com 
040    TLC|cTLC|erda|dUtOrBLW 
043    n-us--- 
082 00 339.5/250973 
082 00 339.5/250973 
082 00 339.5/250973|223 
099    eBook Overdrive/Libby 
100 1  Laffer, Arthur B. 
245 13 An inquiry into the nature and causes of the wealth of 
       states|h[OverDrive/Libby electronic resource]|bhow taxes, 
       energy, and worker freedom change everything /|cArthur B. 
       Laffer, Stephen Moore, Rex Sinquefield, Travis H. Brown. 
264  1 Hoboken, New Jersey :|bJohn Wiley & Sons,|c[2014] 
300    1 online resource 
336    text|btxt|2rdacontent 
337    computer|bc|2rdamedia 
338    online resource|bcr|2rdacarrier 
500    Electronic book. 
520    "In early 2012, the Wall Street Journal published an 
       editorial: The Heartland Tax Rebellion, which brought to 
       national attention the movement in many Midwestern states 
       to replace their state income tax. The opinion piece 
       compared nine states with the highest personal income tax 
       with nine states with no income tax. In each category 
       (population, state product and employment) no-income tax 
       states came out ahead, while high- and low-income tax 
       states lagged behind. The debate continued in 2013, when 
       Travis Brown's groundbreaking book How Money Walks proved 
       conclusively for the first time what many folks, including
       some of the country's most famed economists, have long 
       suspected: Americans are moving away from high-tax states 
       and into low- and no-income tax states at alarming rates; 
       and pro-growth policy at the state level is creating the 
       winners, while big-government, tax-and-spend policies at 
       the state level are creating the losers. An Inquiry into 
       the Nature and Causes of the Wealth of States is a more 
       detailed and critical look at income taxation across the 
       50 states, and drills down on the economic growth or 
       malaise that results from state-level taxation polices. In
       short, the authors conclude you can't tax a state into 
       prosperity, nor can a poor person spend himself into 
       wealth. If you tax rich people and give the money to poor 
       people, sooner or later you'll have lots and lots of poor 
       people and no rich people. Based on their detail and 
       quantitative analysis, the authors argue passionately for 
       tax reform and no income taxes, and that government 
       taxation policies truly matter when it comes to building 
       economic growth and long-term prosperity. The variables 
       that matter:  the state's highest personal income tax rate,
       the progressivity of the personal income tax, i.e. how 
       rapidly tax rates rise in relation to income,  the state's
       highest corporate income tax rate, is the state a right-to
       -work state?,  the static revenue legislated tax changes 
       over the past two 
520    years as a percentage of personal income,  is there a 
       death or estate tax?,  workers' compensation cost as a 
       percentage of total payrolls,  the state's minimum wage,  
       business friendliness of the state's tort liability system,
       as measured by the U.S. Chamber of Commerce's State 
       Liability Systems Survey Index,  the state's sales tax 
       burden as a percent of personal income,  the state's 
       property tax burden as a percent of personal income,  the 
       burden of total other taxes, which include taxes such as 
       motor fuel, alcoholic beverages, tobacco taxes, public 
       utilities taxes, motor vehicle license taxes, etc., as a 
       percentage of personal income,  number of state and local 
       public employees per 10,000 population, and more...  "--
       |cProvided by publisher. 
533    Electronic reproduction.|bNew York|cWiley|d2014|nAvailable
       via World Wide Web. 
650  0 Fiscal policy|zUnited States|xStates. 
650  0 Income tax|zUnited States|xStates. 
650  0 Finance, Public|zUnited States|xStates. 
650  0 U.S. states|xEconomic policy. 
650  0 U.S. states|xEconomic conditions. 
655  7 Electronic books.|2local 
710 2  OverDrive, Inc. 
776 08 |iOnline version:|aLaffer, Arthur B.|tInquiry into the 
       nature and causes of the wealth of states|dHoboken, New 
       Jersey : John Wiley & Sons, [2014]|z9781118921241|w(DLC) 
       2014010362 
856 40 |zAvailable on OverDrive/Libby|uhttps://
       naperville.overdrive.com/media/A04FBDA9-4CBF-4780-AEA7-
       8FE0A1D11FFF 
856 42 |zClick here to access excerpt|uhttps://
       samples.overdrive.com/inquiry-a04fbd?.epub-
       sample.overdrive.com