Is the Laffer curve guy still around? Yes, and Reagan would still love him.

BTW, most states spend about half their income tax budget on public education. So for all you Illinois residents who get smashed with sky-high RE taxes that fund your schools, you also get to pay again with state income tax. Congratulations.

BTW, Laffer points out that states that have high-income taxes grow slower, and provide fewer job ops then those that don't. They also get less net tax revenue over time because businesses move to low-tax states.