Entry #54

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Best-Run States Are Low-Tax Republican, Worst-Run Are High-Tax Democratic

Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in.

According to the latest ranking of states by the Mercatus Center at George Mason University, the most fiscally sound states in the nation are all low-tax, GOP strongholds, while the 10 least-solvent states are almost all high-tax and heavily Democratic.

http://www.investors.com/politics/commentary/best-run-states-are-all-solidly-republican-worst-run-mostly-democratic-study-finds/