Cutting Income Taxes Helps States Across-the-Board, Even with Tax Revenue

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From 2000 to 2010, the nine states that did not have an income tax witnessed faster growth in key economic indicators than the nine states with the highest income tax rates.

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Non-farm payroll employment growth was 8 percentage points higher.

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Population growth was 9 percentage points higher.

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Gross state product growth was 18 percentage points higher.

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State and local tax revenue growth was 28 percentage points higher.

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The nine states without a personal income tax are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.

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The nine states with the highest personal income taxes are Oregon, Hawaii, New Jersey, California, New York, Vermont, Maryland, Maine, and Ohio.