We’ll never see this kind of reform in California. Quite the reverse, if the last election is an indication of a trend. Statists never get that, the more one raises tax rates, the more wealth-generating taxpayers will choose to leave and economic performance stagnates.
Originally posted on International Liberty:
One of the key ways of controlling state and local tax burdens, according to this map from the Tax Foundation, is to not have an income tax.
But that’s not too surprising. States have just a couple of ways of generating significant tax revenue, so it stands to reason that states without an income tax would have relatively low tax burdens.