• There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for the states with huge volatility in their income tax policies over time, the differences in growth rates in those periods are really amazingly consistent with tax rates really mattering.

    "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, August 1, 2013.
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