DAILY CALLER NEWS FOUNDATION—A Tuesday report from the American Legislative Exchange Council, a conservative nonprofit, highlighted the states with the best and worst economic prospects for 2025.
The 18th edition of ALEC’s “Rich States, Poor States,” an annual report that examines all 50 states’ economic outlook “based on a state’s current standing in 15 state policy variables,” ranked Utah in first place for the 18th year in a row, followed by Tennessee, Indiana, North Carolina, and North Dakota. Meanwhile, New York ranked in last place in the “Economic Outlook Ranking.”
New York is notably one of the states with the highest income taxes, which ranges from 4% to 10.9%, according to data from the Tax Foundation, a nonpartisan think tank. Meanwhile, Utah has a flat 4.55% individual income tax rate.
Notably, several of the states that notched high…
