Scribd
Upload
146 views1 page

Alec Ohio

The document analyzes Ohio's economic performance and outlook according to 15 policy variables and rankings. Ohio ranked 42nd for economic outlook and 49th for economic performance based on factors like income growth, domestic migration, employment growth, and tax rates.

Uploaded by

matt
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
146 views1 page

Alec Ohio

The document analyzes Ohio's economic performance and outlook according to 15 policy variables and rankings. Ohio ranked 42nd for economic outlook and 49th for economic performance based on factors like income growth, domestic migration, employment growth, and tax rates.

Uploaded by

matt
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

2010 ALEC-LAFFER STATE ECONOMIC COMPETITIVENESS INDEX

Ohio
49 Economic
Performance Rank, 2010 42 Economic
Outlook Rank, 2010

Economic Performance Rank (1=best 50=worst) Economic Outlook Rank (1=best 50=worst)
A historical measure based on a state’s performance (equally A forecast based on a state’s standing (equally weighted aver-
weighted average) in the three important performance vari- age) in the 15 important state policy variables shown below.
ables shown below. These variables are highly influenced by Data reflect state + local rates and revenues and any effect of
state policy. federal deductibility.

Personal Income Per Capita Historical Ranking Comparison 2008 2009


Cumulative Growth 1998-2008 32.8% Rank: 48 ECONOMIC OUTLOOK RANK 47 45
9% OH
8 U.S.
7
6 Variable Data Rank
5
4 Top Marginal Personal Income Tax Rate 7.93% 40
3
2 Top Marginal Corporate Income Tax Rate 5.14% 10
1
0 Personal Income Tax Progressivity $13.70 41
-1 (change in tax liability per $1,000 of income)

99 00 01 02 03 04 05 06 07 08
Property Tax Burden $33.47 31
(per $1,000 of personal income)

Absolute Domestic Migration Sales Tax Burden $23.58 23


Cumulative 1999-2008 -354,748 Rank: 45 (per $1,000 of personal income)

(in thousands) Remaining Tax Burden $19.27 29


0
(per $1,000 of personal income)
-10
Estate/Inheritance Tax Levied? Yes 50
-20
-30 Recently Legislated Tax Changes -$4.38 3
(2008 & 2009, per $1,000 of personal income)
-40
-50 Debt Service as a Share of Tax Revenue 7.6% 23

-60 Public Employees Per 10,000 540.1 19


99 00 01 02 03 04 05 06 07 08 of Population
(full-time equivalent)

Non-Farm Payroll Employment State Liability System Survey 60.0 32


(tort litigation treatment, judicial impartiality,
Cumulative Growth 1998-2008 -2.1% Rank: 49
etc.)
3% OH
U.S. State Minimum Wage $7.30 39
2 (federal floor is $7.25)

1
Average Workers’ Compensation Costs $3.32 48
0 (per $100 of payroll)

-1 Right-to-Work State? No 50
(option to join or support a union)
-2
-3 Number of Tax or Expenditure Limits 1 13
(0= least/worst, 3=most/best)
99 00 01 02 03 04 05 06 07 08

106 Rich States, Poor States

You might also like