Study: lower taxes lead to prosperity

According to the Kansas Policy Institute:

The 10 states with the highest rank in the State Business Tax Climate Index also dramatically outperform the rest of the country. They win handily on private-sector GDP growth (61% versus 42%), gained 6.1% private jobs while other states declined by 2.8%, and gained 5.5% from domestic migration at the expense of other states, which lost 1.2% between 2000 and 2009.

 The bottom 40 states had much higher spending on government services:

States in the bottom 40 of the Tax Foundation's Business Tax Climate Index (which assesses business, personal, property and other taxes) spent 40% more per resident.

Not only does such spending not lead to prosperity, it appears to inspire residents, as per the net migration numbers above, to move away to states with lower-spending and better economic opportunities.

Hat tip: Instapundit