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The Wealth of States: How Taxes, Energy, and Worker Freedom Change Everything

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Published on May 29, 2014

Poor people can't spend themselves into wealth; similarly, a higher tax burden doesn't lead to prosperity at the state level. In An Inquiry into the Nature and Causes of the Wealth of States, co-authors Art Laffer, Steve Moore, Rex Sinquefield, and Travis Brown put this debate to rest with a cogently presented, meticulous analysis of the facts. By looking at quantitative data from all 50 U.S. states, they offer a solid case for lower state income taxes and decreased tax burdens. Wealth doesn't stay put. Businesses and individuals in the upper economic strata go where their interests are protected. As An Inquiry into the Nature and Causes of the Wealth of States demonstrates, almost every measure of economic prosperity at the state level -- population, employment, and beyond -- is linked to taxation.

Opening Remarks by

The Honorable Sam Brownback
Governor of Kansas

Followed by a Discussion with the Co-Authors
Arthur B. Laffer, Ph.D.
Founder and Chairman, Laffer Associates, and Founder, The Laffer Center, Pacific Research institute

Rex A. Sinquefield
Co-Founder, Dimensional Fund Advisors LP and Missouri Philanthropist

Travis H. Brown
Chief Executive Officer and Co-Founder, Pelopidas, LLC

Hosted by
Steve Moore
Chief Economist, The Heritage Foundation

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