Does the research by art laffer have no income tax perform

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Gross Income

Read the article, "Two Awful Anniversaries." Based on the content presented in the article, describe some of the issues with federal taxation. Does the research by Art Laffer and other economists suggest that over time states that have no income tax perform better than states with high-income taxes? Why? Does a flat tax make more sense from a taxation standpoint?

Reference no: EM131105715

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