We’re Number One! We’re Number One!
If you count from the bottom, that is.
The Cato Institute released their ratings of governors on fiscal policy. Guess who’s rated the worst in America? (We’re number 50! We’re number 50!)
The rating are based on a methodology which looks at changes in governors’ proposed spending, changes in actual spending, changes in rates for personal income taxes, corporate income taxes, sales taxes, and other fiscal variables.
The review labels O’Malley “a champion tax hiker”, but – let’s give credit where credit is due – the General Assembly earns that label along with him. The report notes that not only do Marylanders get hit right in the pocketbook, but we also lose because of the resulting slowdown in economic growth.
Tags: fiscal policy, Maryland
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22 November 2008 at 12:24 am
You are number 46. The report leaves out Alaska, Kentucky, Louisiana, and New York. Congratulations, though!