Jonathan Williams of the American Legislative Exchange Council and coauthor of Rich States Poor States, spoke to the Senate Committee on Assessment and Taxation, a pro-growth crowd for lunch, and the House Committee on Taxation. Jonathan reiterated what has been the case for decades now, a lower tax burden will lead to more output, more opportunity, and more jobs.
Below is a slide Jonathan presented to our legislators yesterday, as you can see, states with No Income Tax achieved faster growth in Gross State Product, Population, and Jobs within the past ten years.
Less intuitively Total State Tax Receipt Growth in the non-income taxing states actually outpaced the highest income taxing states. How is this possible? Texas gained 4 congressional seats worth of people who now pay sales tax, property tax, as well as any other tax in the state ~ Jonathan Williams.
In-short people move to the opportunities that a low tax environment fosters.
Kansas has a choice, do we take lessons from the other laboratories and propel our state into a high level of economic performance or do we continue to watch as other states pass on by with bold moves to foster more output, more opportunity, and more jobs.