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.