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Report highlights economic wins for Utah, multiple southern states

  • Washington ranks 34th out of 50 states in the 'Rich States, Poor States' annual report by ALEC, indicating a poor economic outlook primarily due to high tax burden and labor costs.
  • Utah has been ranked first for 18 consecutive years in economic outlook according to ALEC's report.
  • The report notes that states with lower taxes and spending on income transfer programs tend to have higher growth rates.
  • Washington's estate tax ranks last at 50th, applicable to estates above $2.193 million.
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Report highlights economic wins for Utah, multiple southern states

Utah ranked first for economic outlook for the 18th year in a row, according to the annual Rich States, Poor States report, but also noteworthy are the positive findings for Louisiana, Tennessee, West Virginia and Arkansas.

·Calhoun, United States
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The Center Square broke the news in United States on Tuesday, April 15, 2025.
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