Who Pays Business Tax Increases?

As states grapple with balancing their budgets in a very tough economy, the option of raising business taxes will be debated in many places. A recent analysis of the impact of a business tax increase on state residents, workers and owners of capital informs that debate. It also highlights differences among the states in their ability to export a business tax increase.

A Curious Set of State Rankings

A popular Internet site recently waded into the ranking business by assessing the outlook for state economies in the coming years. The problem is that the methodology used in the analysis is difficult to replicate in a way that confirms the published results. Moreover, the data for one of the three components of the analysis appear to be incorrect.