FOR IMMEDIATE RELEASE
May 13, 2021

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Logan Elizabeth Padgett
850-386-3131

THE JAMES MADISON INSTITUTE ISSUES STATEMENT ON 2021 RICH STATES, POOR STATES RELEASE

TALLAHASSEE – Today, The James Madison Institute (JMI) released a statement regarding Florida’s favorable ranking in the “Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index“. The index, which is a forward-looking forecast based on the state’s standing across 15 individual state policy variables, ranked Florida number 2 in the nation, moving up five places from the previous year’s ranking.

“As illustrated in today’s release of Rich States, Poor States from the American Legislative Exchange Council, Florida has a tremendous amount to be proud of. As a result of our economic climate, low tax burden, and minimal regulatory footprint the Sunshine State was ranked number 2, a five-spot jump from our 2020 ranking. Thankful to our Governor, legislative leaders, and policymakers for putting Florida’s economy on a path that safeguards opportunity for all. We look forward to 2022 and claiming our rightful spot at the top of the list. We’d like to thank the team at ALEC for acknowledging Florida, and we’d also like to suggest that whatever scale they use to rank Utah ahead of us is clearly in need of improvement,” Sal Nuzzo – Vice President of Policy, The James Madison Institute

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The James Madison Institute is a 501(c)3 organization dedicated to the ideals of limited government, economic freedom, federalism and individual liberty coupled with individual responsibility. The institute conducts research on such issues as criminal justice, health care, taxes and regulatory environments.