Ideas In Action with Jim Glassman

Rich State Poor State: How Eliminating the Income

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Guests: Carl Bearden, Executive Director, United for Missouri; Jonathan Williams, American Legislative Exchange Council and co-author, Rich States, Poor States; Jon Shure, Director of State Fiscal Strategies, Center on Budget and Policy Priorities. The issue of taxation has become a huge part of the Presidential campaign. While people are focused on taxes on a national level, the idea of eliminating the personal income tax on the state level could affect the economic well being of voters just as significantly. Several states have eliminated the personal income tax and there are movements in several more to pass similar measures. What is the demonstrable economic benefit of eliminating the income tax and what are the downsides?
 

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