I’m a big fan of the flat tax as a way of neutering the punitive and convoluted internal revenue code in Washington.
But I’m even more aggressive at the state level.
That’s why I’m very excited about a new proposal from Governor Bobby Jindal of Louisiana.
He’s already implemented some good school choice reform, notwithstanding wretched and predictable opposition from the state’s teachers’ union.
Now he wants to get rid of the state’s personal and corporate income taxes.
This would be a big and bold step, and I shared some evidence recently showing that states with no income tax grow faster and create more jobs.
I also discussed Jindal’s proposal last week on Fox Business News.
Some people probably think Jindal is pushing this agenda merely because he may run for President in 2016.
My attitude is “so what?”
So long as he implements better policy, I don’t care if he’s motivated by a Ouija board.
But since he has a reputation for being a policy wonk, I suspect his motivations are to make Louisiana a more prosperous state.
And if bold reform also happens to increase his national stature, I’m sure he’s more than happy to reap any political benefits.
If he succeeds, Louisiana will enjoy more growth.
Equally important, as I stated in the interview, his success would show that Obama’s class-warfare agenda may have some appeal in basket-case states such as California, but it doesn’t have much support among people who understand that growth is the only effective (and moral) way of achieving a better life.
[…] the states that languish in the bottom 10 in both reports are Louisiana (they should have adopted Bobby Jindal’s plan when they had a chance) and New Jersey (not exactly a […]
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[…] sought to abolish his state’s personal income tax, a step that would have dramatically boosted the states […]
[…] sought to abolish his state’s personal income tax, a step that would have dramatically boosted the states […]
[…] worth, Jindal probably comes in first place if you average all the above numbers. And he also has tried to abolish Louisiana’s income tax, so that’s another point in his […]
[…] – The governor of Louisiana has proposed some big reforms, but the state’s #35 ranking doesn’t give him any bragging rights on fiscal policy (though the […]
[…] – The governor of Louisiana has proposed some big reforms, but the state’s #35 ranking doesn’t give him any bragging rights on fiscal policy […]
[…] months ago exactly, I appeared on TV to talk about the concept of eliminating the personal and corporate income tax in […]
[…] But I’m not surprised that California ranks at the bottom. The state routinely gets bad grades on various measures of fiscal policy. No wonder so much income is moving out of the state. As for Louisiana, I can understand why Governor Jindal is so anxious to get rid of the state income tax. […]
[…] Governor Jindal’s Bold Plan to Abolish Louisiana’s Income Tax […]
[…] months ago exactly, we appeared on TV to speak about a judgment of expelling a personal and corporate income taxation in […]
[…] months ago exactly, I appeared on TV to talk about the concept of eliminating the personal and corporate income tax in […]
[…] months ago exactly, I appeared on TV to talk about the concept of eliminating the personal and corporate income tax in […]
[…] months ago exactly, I appeared on TV to talk about the concept of eliminating the personal and corporate income tax in […]
[…] via Governor Jindal’s Bold Plan to Abolish Louisiana’s Income Tax « International Liberty. […]
[…] to abolish Louisiana income tax: Dan Mitchell (a senior fellow at CATO institute) recently wrote at International Liberty that Governor Jindal – who has already implemented some good school choice reform – now […]