Arthur Laffer: Tax Hikes and the 2011 Economic Collapse - WSJ.com:
People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.
It shouldn't surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives."
Monday, June 07, 2010
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