I have known Art Laffer for over 35 years. We met in California. I fled in 1976. He waited until last year.
In a PBS video, he tells why he left: taxes.
Watch The Strange, Animal-Killing Side Effects of Tax Policy Changes on PBS. See more from PBS NewsHour.
My daughter lives in Nashville. It is as nice a city as I know.
The state does tax unearned income, i.e., investment income. Texas and Florida do not. Neither do these states: Nevada, Washington, Wyoming, South Dakota, and New Hampshire. New Hampshire has no sales tax, either. But property taxes are high.
There is one strange anomaly: if you live in Texarkana, Arkansas, you don’t pay a state income tax.