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Economy / Taxes

The Missouri Compromise

By Art Laffer on Oct 21, 2010

A tax-swap proposal to eliminate both Missouri’s personal income tax and corporate income tax in favor of a static revenue-neutral sales tax increase is currently edging ever-closer to becoming a constitutional amendment. The benefits from reform could be enormous if the process is administered well and the constitutional amendment is carefully crafted.


20101021_missouricompromise_0.pdf
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Art Laffer

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