The American Legislative Exchange Council (ALEC) has reviewed the 2015 “State of the State” addresses of the fifty U.S. state governors. According to ALEC, tax relief and reform was a common trend. The following are key excerpts:
“More governors focused on reducing the tax burden of their citizens as a path to growth than those who claimed more taxes and spending would improve their state’s economy. While some governors did support raising taxes and fees, many of these were small increases targeted at addressing a specific expense in the state. It appears most governors have learned the lesson that they are in constant competition with other states for jobs and capital. In order to keep their state economically competitive, they must make tax cuts a continuing priority, while keeping tax increases at a minimum… Generally, states with lower tax burdens, less regulations, and responsible levels of spending outperform other states…
“[T]ax cuts were proposed by more governors in their state-of-the-state addresses this year than those who proposed tax increases. Regarding those states with some combination of both, there was significant variation. Many states called for lowering some taxes, such as income taxes, or property taxes, but then proposed taxes on particular products, most notably gasoline taxes and cigarette taxes. Other governors called for fundamental tax reform, such as Governor Paul LePage in Maine, whose bold plan to eliminate the personal income tax over the coming years also relied on increasing the state’s sales tax, a plan that will be a significant benefit to the state. Another trend was the effort in many states to reduce or eliminate the income tax, and instead rely on other forms of revenue to fund the state budget. Governors Paul LePage in Maine and Sam Brownback in Kansas spoke about the need to lower income taxes and work towards phasing them out entirely. Currently, nine states have no income tax, but these two could join them in the coming years if these governors are able to follow through on their plans…
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“[T]he nine states that do not levy a personal income tax experienced a cumulative job growth rate of 9.9 percent from 2003 to 2013 while the nine states with the highest personal income tax rates experienced less than half of that at just 4.3 percent over the same time period. The no income tax states also experienced much better rates of net domestic migration, personal income growth, and gross state product growth than their high tax counterparts. While there was a lot of good news for taxpayers in this year’s state-of-the-state addresses, there were some proposals that would increase taxes and fees. The most common tax hike proposals were calls to raise transportation-related charges, including gas taxes and vehicle fees. These were typically sold as necessary to fund roads and infrastructure. The map below shows which governors proposed raising gas taxes and vehicle fees. While there was a lot of good news for taxpayers in this year’s state-of-the-state addresses, there were some proposals that would increase taxes and fees. The most common tax hike proposals were calls to raise transportation-related charges, including gas taxes and vehicle fees. These were typically sold as necessary to fund roads and infrastructure. In addition to gas taxes, cigarette tax increases were also proposed be a few governors. Governor Maggie Hassan of New Hampshire and Bill Bentley of Alabama proposed raising cigarette taxes to increase revenue.
“Tax policy wasn’t the only common theme in this year’s state-of-the-state addresses. Several governors spoke about the importance of balancing the state budget. Indiana Governor Mike Pence went as far as to call for a new state constitutional amendment that would require the state to pass a balanced budget every year. Other governors pledged to balance their budgets for the coming year and others discussed the need to constrain budget growth. While 49 states already have some form of balanced budget requirement, it is encouraging to see so many governors take the time to discuss the value of not spending more than the state collects in revenue and avoiding large debt obligations. In order to improve their budget situation, many governors announced new proposals to reduce the cost of government. Several governors called for finding new ways to operate state government more efficiently through consolidating agencies, creating new agencies dedicated to finding cost-saving strategies in government, or even asking the public for their suggestions on how the state government could save money. A few governors called for improved budget transparency by making information about the cost of government more easily available to citizens, a policy that will hopefully lead to a reduction in waste, fraud, and abuse in the coming years. Finally, many governors discussed the need for pension reform. The public pension system is a significant unfunded liability for many states.