A combination of both strong economic growth and low unemployment helped keep state tax rates flat for 2006. Nevertheless, some states are continuing to mine tax-related revenue streams."Currently, there are several states that are looking to improve their tax structure," explained Curtis Dubay, an economist at the Tax Foundation.
Dubay, who co-authored the State Tax Business Climate Index, recently updated the state individual income tax rates for 2006. "Lowering tax rates is an easy way to keep a state competitive, attract new business and promote growth."
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