Skip to main content

What are the Neighbors Doing?

For several years, tax cuts have been the tool of choice that many states have used to try to make themselves more competitive and to attract new businesses and jobs to their state. However, many of those same states are now focusing their attention on investing in K-12 public education, higher education and infrastructure. Nevada and Utah are examples of low-tax states that are seeking to find the right balance between low taxes and ensuring the state has the revenues needed to properly invest in those priorities that will make the state economically competitive. They provide a model of fiscally conservative states building broad bipartisan coalitions fueled by Governors, legislative leaders, and the business community to make strategic investments that boost long term economic strength. It makes sense that states are taking this approach. Productivity and innovation are key drivers of economic growth and a strong public education system that results in greater post-secondary attainment is one of the most important ways to make a state's economy more productive.

Read the full fact sheet

More News

Housing in Arizona: Policy Priorities in the Misinformation Age

Population and Homelessness  Homelessness in Arizona has increased substantially since the 2020 pandemic. Estimates come from annual Point in Time (PIT) counts, local counts of temporarily sheltered or unsheltered individuals…

How the House Budget Bill Threatens Jobs, Health Care, and Families

A Tax Package that Worsens Economic Growth   There is nothing but shock and disappointment with a House bill that will drastically increase the federal deficit, endanger our communities, and fundamentally weaken the U.S….

The Impact of Decades of Tax Cuts and Federal Policy on Arizona's Economic Future

Just last month, the Arizona Financial Advisory Committee (FAC) met to discuss the revenue and economic outlook for Arizona. While the panel of economists and Joint Legislative Budget Committee (JLBC) staff had projected…