States that do not have state income tax have the greatest growth rates. The reverse also holds true too; just look at the exodus from high-tax California to no-tax Texas. The consequence of the lack of state income tax in the Lone Star State is that you don't get a lot of services from your state government. But you create so much opportunity for wealth by attracting business.

Well, that argument fell on deaf ears in the state of "Taxachusetts" (aka Massachusetts) where voters balked when they had the chance to do away with the state income tax. There were union-paid political ads suggesting that doing away with the state tax would destroy prosperity because government wouldn't be able to provide services that people expect.

Meanwhile, neighboring New Hampshire -- an ultra low-tax state -- has had continuous economic growth. Do you think it's just by chance? No, people migrate to where they get a better deal.