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Will new taxes slow Alabama’s economy?

The answer is simple: unless Goat Hill can generate a higher return with the money than the private sector, any increase in taxes shouldn’t be good for the state’s economy. So, do you think our state government is more effective with your money than you are?

With that said, there are going to be plenty of naysayers and complainers when the Governor finally announces his tax plan. Heck, there already are, and, unless I am looking in the wrong places, no one even knows what any tax increases will be. That hasn’t stopped people from getting people into a lather just the same. (link to previously published article via the Montgomery Advertiser on March 1st 2015)

 

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.