ALEC – the American Legislative Exchange Council – has released a new study that completely discounts the Ralstonian math oft cited by socialists who want more government and less private sector.
Here’s the complete study, and here are some important highlights:
- Bigger government damages a state’s economy.
- Nevada’s tax structure is generally good for the economy because it offloads a good chunk of the cost of running government onto tourists and companies who cater to tourists (who merely pass their tax burden onto their tourist customers).
- Nevada ranks medium to high on lists that compare tax burdens on residents – again, because Nevada offloads its cost of government onto visitors.
Ralstonian math doesn’t consider government spending a valid measure of government (!). Instead, it only measures how much taxes residents pay. By that measure, Nevada fares poorly.
And that’s the continual harping you’ll hear from those who use Ralstonian math – mostly government unions, socialists and people who curry favor with elected officials in order to trade political influence for a living.
(Full disclosure: ALEC named the webmaster one of a handful of its “State Legislators Of The Year” a couple of years ago).