A graph most states wish they could claim as their own

by Ryan Streeter on April 18, 2013. Follow Ryan on Twitter.

Indiana Governor Mike Pence has been proposing a 10% income tax cut. The following graph in a white paper (pdf) he released today shows how affordable it is. Other states looking to cut taxes in one area often have to generate revenue somewhere else.

In Indiana, even with a 10% income tax cut, revenues are projected to grow faster than the rate of spending.

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