According to the states’ own estimates, the revenue hit could be more than $10 billion in fiscal years 2023 and 2024.
“Instead of further future revenue growth going to schools or infrastructure or healthcare or programs that benefit families, it will automatically be diverted to income tax cuts, which mostly benefit the state’s wealthiest,” Allen said.
“If you’re not funding basic services, there’s no new businesses moving to a state where your kids can’t get an education, you can’t move your products out on the state roads and bridges, you don’t know where the closest hospital is going to be,” said Sarah Stripp, managing director of Springboard to Opportunities, a Mississippi nonprofit that works with low-income families.
The following year brought a slew of similar proposals across these states to weaken unions and collective bargaining power, scale back access to abortion and voting rights, expand the ability to buy and carry guns and lower taxes on wealthy people and businesses, as documented by Alexander Hertel-Fernandez of Columbia University in his book, “State Capture.”
ALEC, which first launched in the 1970s, is a network of conservative state legislators, philanthropies, wealthy donors, advocacy groups and private-sector businesses that drafts and disseminates “model bill” proposals for state legislation.
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