High Taxes Hurt

download High Taxes Hurt

of 7

Transcript of High Taxes Hurt

  • 8/9/2019 High Taxes Hurt

    1/7

     

    Yankee Institute Policy Brief  

    High Taxes Hurt

    By Zachary Janowski

    Director of External Affairs, Yankee Instituteand Suzanne BatesPolicy Director, Yankee Institute

    February 11, 2015 

  • 8/9/2019 High Taxes Hurt

    2/7

    www.YankeeInstitute.org

    February 11, 2015 | Yankee Institute for Public Policy | "

    !"#$ &'()* !+,-

    #$ %&''()*+),* -&.(/(0 +*1 *23(14 (5(/6 1*2*( /(1+0('* .&,-0 7('($+*8 9:( 1*2*(;1 ),//('* *23

    7,/0(' )&'*/+7,*(1 *& &,/ :++'< ?@T4III 2 6(2/ +1

    ( ,A $&/ *:(+/ -&1* )&'*/+7,*+&'18 V,1* *&/(A-2)( *:( -&1* +')&=( *23(1 $/&= *:(1( \T@ :&,1(:&-014 (5(/6&'( (-1(;1 +')&=( *23 7+-- .&,-0

    '((0 *&

  • 8/9/2019 High Taxes Hurt

    3/7

    High Taxes Hurt

    3 | Yankee Institute for Public Policy | February 11, 2015 

    E:+-( =2'6 +'1*+')*+5(-6 .2'* *& 1(( :+

  • 8/9/2019 High Taxes Hurt

    4/7

    www.YankeeInstitute.org

    February 11, 2015 | Yankee Institute for Public Policy | R

    f'1,/A/+1+'- ?7),@-$"0#

    9:( *23 +')+0(')( 1*,064 .:+-( 2' +=A&/*2'* /(1(2/): 0&),=('*4 :21 /&&= $&/ +=A/&5(=('*8

    •  9:+1 1*,06 :+1 2* /(-2*+5( 7,/0('1 Z+')+0(')([

    .+*:&,* )&'1+0(/+'< *:( ($$()*1 &$ *23(1 &' 7(:25+&/ Z+')('*+5(1[8 %:2'

  • 8/9/2019 High Taxes Hurt

    5/7

    High Taxes Hurt

    5 | Yankee Institute for Public Policy | February 11, 2015 

    X1 =&/( 1*2*(1 ):2'(1 +' 2 1=2-- 2=&,'* &$ /(5(',( 2'0 +1

    7+21(0 2(/1 '((0 *& /(D()* 2'6 ($$&/*1 *& +')/(21( *23(14 2'0 +'1*(20 '((0 *& -&&> $&/

    .261 *& +=A/&5( %&''()*+),*;1 *23 161*(=8

  • 8/9/2019 High Taxes Hurt

    6/7

    www.YankeeInstitute.org

    February 11, 2015 | Yankee Institute for Public Policy | J

    ://)0C"(H BD/,47"0# -$) &'( B02"C)02) E-+C@

    &$"* *-+C@ $"#$5"#$-* 40) @)',A IJKKL : D+5-"M@)', *-+C@ G4+5C $'7) N))0 N)--),L

    9:( 1*,06 &'-6 )&'1+0(/(0 "ISS8 9:+1 +1 /(-(52'* $&/ 2 $(. /(21&'18 #* .21 2

  • 8/9/2019 High Taxes Hurt

    7/7

    High Taxes Hurt

    7 | Yankee Institute for Public Policy | February 11, 2015 

    +' )&=A2'+(1 721(0 +' G(. H&/> 2'0 %2-+$&/'+2 +1 '&* /(2--6 7(2/+'< *:( )&1* &$ *:(

    %&''()*+),* )&/A&/2*( +')&=( *238

    K+'2--64 *:( A/&A(/*6 *23 2'2-61+1 0&(1 '&* 2AA(2/ *& *2>( +'*& 2))&,'* *:( 52/+(*6 &$ *23

    /2*(1 A2+0 2)/&11 %&''()*+),* *&.'18