{"product_id":"an-inquiry-into-the-nature-and-causes-of-the-wealth-of-states-how-taxes-energy-and-worker-freedom-change-everything-hardcover","title":"An Inquiry Into the Nature and Causes of the Wealth of States: How Taxes, Energy, and Worker Freedom Change Everything - Hardcover","description":"\u003cp\u003eby \u003cb\u003eArthur Laffer\u003c\/b\u003e (Author), \u003cb\u003eStephen Moore\u003c\/b\u003e (Author), \u003cb\u003eRex A. Sinquefield\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA passionate, detailed, quantified argument for state-level tax reform\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e explains why eliminating or lowering tax burdens at the state level leads to economic growth and wealth creation. A passionate argument for tax reform, the book shows that even states with small populations can benefit enormously with the right policies. The authors' detailed exposition evaluates the impact state and local government policies have on a state's relative performance and economic growth overall, backed up with economic data and analysis.\u003c\/p\u003e \u003cp\u003eFacts don't lie. But they do point clearly to the failure of so-called progressive tax schemes designed more to curry favor with selected constituencies than to create an economic system that leads to individual wealth as the reward for hard work and entrepreneurial risk taking. \u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e is a detailed and critical look at income taxation across the nation, and drills down into an analysis of the economic growth or malaise that results from tax policy. Arguing eloquently that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth, the authors point out what many inherently know but often fear to say out loud. The book provides detailed quantitative analysis, and discusses the policy variables that can have enormous effects on the financial well-being of states and individual residents, such as: \u003c\/p\u003e \u003cul\u003e \u003cli\u003ePersonal and corporate income tax rates\u003c\/li\u003e \u003cli\u003eTotal tax burden as a percentage of personal income\u003c\/li\u003e \u003cli\u003eEstate and inheritance taxes\u003c\/li\u003e \u003cli\u003eRight-to-work laws\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e shows everyone how to evaluate state-level fiscal and economic policies to become more competitive.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePoor people can't spend themselves into wealth. Similarly, as huge segments of the population have long suspected, a higher tax burden doesn't lead to prosperity at the state level. Seems simple enough to many, but this little piece of wisdom has been the subject of loud debate. \u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e is putting that debate to rest with a cogently presented, meticulous analysis of the facts.\u003c\/p\u003e \u003cp\u003eBy looking at quantitative data from all 50 U.S. states, the authors have put together a solid case for lower state income taxes and decreased tax burdens. Wealth doesn't stay put. Businesses and individuals in upper economic strata go where their interests are protected. The result? As this book demonstrates, almost every measure of economic prosperity at the state level--population, employment, and beyond--is linked to taxation. Low-tax states in every region of the country are outperforming their neighbors.\u003c\/p\u003e \u003cp\u003eIn all kinds of economic weather, states need to become competitive or risk urban dilapidation, population shrinkage, decreases in quality of living, and worse. In \u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e, lucid quantitative analysis supports the argument that wealth-friendly policies at state and local levels are the key to maintaining prosperity for everyone. These policies extend far beyond the personal income tax rate to include corporate income taxes, estate taxes, the overall tax burden, right-to-work laws, and much more. Add it all up, and states won't be able to ignore this airtight case for tax reform.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePOOR PEOPLE CAN'T SPEND themselves into wealth. Similarly, as huge segments of the population have long suspected, a higher tax burden doesn't lead to prosperity at the state level. Seems simple enough to many, but this little piece of wisdom has been the subject of loud debate. \u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e is putting that debate to rest with a cogently presented, meticulous analysis of the facts. \u003c\/p\u003e \u003cp\u003e By looking at quantitative data from all 50 U.S. states, the authors have put together a solid case for lower state income taxes and decreased tax burdens. Wealth doesn't stay put. Businesses and individuals in upper economic strata go where their interests are protected. The result? As this book demonstrates, almost every measure of economic prosperity at the state level--population, employment, and beyond--is linked to taxation. Low-tax states in every region of the country are outperforming their neighbors. \u003c\/p\u003e\u003cp\u003e In all kinds of economic weather, states need to become competitive or risk urban dilapidation, population shrinkage, decreases in quality of living, and worse. In \u003ci\u003eAn Inquiry into the Nature and Causes of the Wealth of States\u003c\/i\u003e, lucid quantitative analysis supports the argument that wealth-friendly policies at state and local levels are the key to maintaining prosperity for everyone. These policies extend far beyond the personal income tax rate to include corporate income taxes, estate taxes, the overall tax burden, right-to-work laws, and much more. Add it all up, and states won't be able to ignore this airtight case for tax reform.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eARTHUR B. LAFFER, PhD, \u003c\/b\u003e is the founder and chairman of Laffer Associates, an economic research firm focusing on interconnecting macroeconomic, political, and demographic changes. \u003c\/p\u003e \u003cp\u003e\u003cb\u003eSTEPHEN MOORE\u003c\/b\u003e is chief economist at The Heritage Foundation. He focuses on budget, tax, and monetary policy. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eREX A. SINQUEFIELD\u003c\/b\u003e was a co-founder and director of Dimensional Fund Advisors LP. Since retirement, he has become one of Missouri's leading philanthropists and a dedicated supporter of public policy change. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTRAVIS H. BROWN\u003c\/b\u003e is the CEO and co-founder of Pelopidas, LLC, a public affairs and issue-advocacy firm. He frequently contributes to \u003ci\u003eFox \u0026amp; Friends\u003c\/i\u003e and Forbes.com and is the author of \u003ci\u003eHow Money Walks.\u003c\/i\u003e\u003c\/p\u003e\n        \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 368\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.25 x 9.15 x 6.31 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 14, 2014\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42127742664839,"sku":"9781118921227","price":32.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/b0ebab9008f50868fab737ea62c433be.webp?v=1732590328","url":"https:\/\/booksby.splitshops.com\/products\/an-inquiry-into-the-nature-and-causes-of-the-wealth-of-states-how-taxes-energy-and-worker-freedom-change-everything-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}