There are five basic legal forms of business structures found in the United States: C corporations, S corporations, sole proprietorships, partnerships, and Limited Liability Companies (LLCs). In order to understand...
- Jonathan Williams of the American Legislative Exchange Co...
Jonathan Williams of the American Legislative Exchange Council: Rich States, Poor States
Taxes are a very important part of how different states fare economically, but it's not the only important variable. In this edition of the Tax Policy Podcast, Staff Economist Josh Barro talks with Jonathan Williams, Director of the Tax and Fiscal Policy Task Force at the American Legislative Exchange Council (ALEC). Williams discusses a new report from ALEC which he, along with Dr. Arthur B. Laffer and Stephen Moore, authored: Rich States, Poor States, a measure of each states' economic competitiveness. Besides taxes, the report also goes over debt service, public employees, state liability systems, minimum wage and workers' compensation regulations.
For more data and research on state taxes, visit the Tax Foundation's Center for State Fiscal Policy.
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