Kelly Sarka, author team facilitator
An Inquiry into the Nature and Causes of the Wealth of States provides a sound argument for reform.
April 14, 2014 – Just in time for Tax Day comes the release of a major new work on state tax policy. An Inquiry into the Nature and Causes of the Wealth of States shows – passionately and quantitatively – how every state can benefit from adopting a pro-growth tax policy.
The book is coauthored by Dr. Arthur B. Laffer (founder and chairman of Laffer Associates and former economic advisor to President Reagan), Stephen Moore (longtime Wall Street Journal editorial board member and now the chief economist at the Heritage Foundation), Rex Sinquefield (co-founder and co-director of Dimensional Fund Advisors LP and developer of some of the nation’s first index funds), and Travis H. Brown (CEO of public-affairs and advocacy firm Pelopidas, LLC, and author of the bestselling book How Money Walks).
Published by John Wiley & Sons, An Inquiry into the Nature and Causes of Wealth of States is a data-driven exposé on just how damaging income taxation can be to economic growth and wealth creation. Economic data from all 50 states provides powerful confirmation that tax rates matter – and matter a lot. The book is a critical and detailed look at income taxation across the nation, and it drills down into an analysis of the economic growth (or malaise) that results from tax policy. An Inquiry into the Nature and Causes of Wealth of States provides quantitative analysis and discusses the policy variables that can have enormous effects on the financial well-being of states and their individual residents, including: personal and corporate income tax rates, total tax burden as a percentage of personal income, estate and inheritance taxes, and right-to-work laws.
Arguing that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth, the authors show everyone how to evaluate state-level fiscal and economic policies to become more competitive. To schedule an interview with Dr. Laffer, Mr. Moore, Mr. Sinquefield, or Mr. Brown, or to request a review copy of the book, please contact Kelly Sarka at 314-686-5362.