So, does reducing income taxes increase growth on a state by state basis?  In the past people wanting lower taxes have said yes, people wanting higher taxes have said no.  This article by Howard Glickman in the Christian Science Monitor says in actuality, it depends on the tax, the state and the economy in a lot of cases.  You can see the article here and decide for yourself:

http://www.csmonitor.com/Business/Tax-VOX/2015/0505/Can-states-boost-growth-by-cutting-individual-tax-rates-for-the-rich?utm_campaign=Daily+Clips&utm_source=hs_email&utm_medium=email&utm_content=17540178&_hsenc=p2ANqtz–2Gcdjpb0i8dcVumNJ4_T3WT3ITLphBclafjZ0B7Bur0pBrISa4YUY3nkMYhktLFTa1iumXWZUB5yb2mJ_L_VQkMv1uQ&_hsmi=17540178

It is interesting that property taxes have more positive economic effects that income taxes.  Guess more testing is necessary to come to a consensus, since there are many still on both sides of the fence (like economists telling us where the economy is going, or weathermen telling us if it is going to rain next week.)

 For financial,  accounting and tax musings,