States with lower taxes and less spending have a stronger economic outlook than states with higher taxes and more spending, according to a new report from the American Legislative Exchange Council.
“They follow, in a way, what President [Ronald] Reagan warned of, which was the liberal view of the economy [and] can be summed up as this: if it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it,” Jonathan Williams, executive vice president of policy at the ALEC, told the Daily Caller News Foundation.
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