Dissatisfaction with the Biden Administration runs deep, and the GOP is expected to do well this November, thanks to inflation, sky-high gasoline prices, crime, our border crisis and—given the more dangerous world we live in—inadequate defense outlays.
But What’s Ahead argues that there’s another subject Republicans should hammer hard: taxes.
Americans are overtaxed. Recognizing this, a growing number of states are cutting income taxes, with some states putting them on a glide path to extinction.
Famed economist Arthur Laffer—key architect of President Reagan’s successful 1980s tax reductions—and his team made a detailed study of the relative performance of states that had enacted income taxes since 1961. By every meaningful metric, every single one declined.