The Income Effects In An Economy Always

The Zero-income-tax-rate States Have Far Faster Growth In Tax Revenues Than Did The States With Highest Income Tax Rate Over This Period.

You Want To Prove That Milton Friedman Is A Fascist? It's Easy. Quote Him.

Let Me Just Try To Give You Sort Of The Intuitive One Here On The Stimulus Funds. If You Have A Two-person Economy - Let's Imagine We Have Two Farms, And That's The Whole World, Just Two Farms. If One Of Those Farmers Gets Unemployment Benefits, Who Do You Think Pays For Him? Am I Going Way Over Your Heads Today?

The Income Effects In An Economy Always Sum To Zero.

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.