Wednesday, December 22, 2010
This leads to a second point, which is that growth tends to be stronger where taxes are lower. Seven of the nine states that do not levy an income tax grew faster than the national average. The other two, South Dakota and New Hampshire, had the fastest growth in their regions, the Midwest and New England.
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Altogether, 35 percent of the nation’s total population growth occurred in these nine non-taxing states, which accounted for just 19 percent of total population at the beginning of the decade.
My third observation is that immigration is slowing down and may be reversed. Immigration accelerated during the 1990s, and the 2000 census showed more immigrants than the Census Bureau had estimated.
This article was posted: Wednesday, December 22, 2010 at 9:07 am