Friday, December 15, 2006

Taxes and Poverty

Just read a very interesting piece over at the QandO blog. Basically it dissects a study that shows poverty grows in relation to government spending and taxation (what every fiscal conservative know/believes).

Poverty, taxation, government and the economy
Posted by: McQ on Friday, December 15, 2006

The Goldwater Institute just did a very interesting study (pdf) concerning poverty, taxes and government spending. It's conclusions seem to validate classical liberal economic theory concerning the best way to address poverty.

It measured overall poverty and childhood poverty in all 50 states and any reduction or gains within those two categories when compared to the national average between 1990 and 2000. Their findings:
(link)
Follow the link and read the whole post (and the comments). It is a very good post (and you need to see the study itself too) and points out things that seem very obvious to some and extremely far away to others. To me it seems simple, but I'll let you judge it on your own and make your own opinion of it.
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