Lower income taxes on individual and corporate earnings boost economies and improve living standards, suggests a Show-Me Institute op-ed published in the St. Louis Beacon. States taxing personal income at a lower rate and spending less per capita are growing in population, while those in relative decline tax and spend more heavily using these measurements.
Thanks to SMI, its supporters and like-minded thinkers I think we can expect to see continued and increasing discussion surrounding taxation in Missouri. The most recent cycle and e-tax reform may just have been the beginning. Fifty federated states a laboratory of democracy makes – the census results come at an opportune time for such discussion.