Utah Ranks #1 in Economic Outlook… for the 10th Year in A Row

In a message to President Niederhauser, ALEC Chief Economist and Vice President of the Center for State Fiscal Reform, Jonathan Williams said, “Major congratulations to Utah – you’ve made it again at #1 in our Economic Outlook ranking! That’s 10 years straight at #1 in America… Once again, congratulations – and thank you for being a great example of a state that is serious about economic competitiveness!”

The Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index is a comprehensive report that ranks the economic competitiveness of states using fifteen equally weighted policy variables. Those variables include:

  1. Top Marginal Personal Income Tax Rate
  2. Top Marginal Corporate Income Tax Rate
  3. Personal Income Tax Progressivity
  4. Property Tax Burden
  5. Sales Tax Burden
  6. Remaining Tax Burden
  7. Estate / Inheritance Tax Levied?
  8. Recently Legislated Tax Changes
  9. Debt Service as a Share of Tax Revenue
  10. Public Employees Per 10,000 of Population
  11. State Liability System Survey
  12. State Minimum Wage
  13. Average Workers’ Compensation Costs
  14. Right-to-Work State?
  15. Tax Expenditure Limits

See Utah’s ranking here.

Dive into Rich States Poor States’ comprehensive report here.

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