This is the Cato Daily Podcast for Monday, August 1st, 2016.

I'm Caleb Brown.

A handful of states have no personal income taxes, but more states may be jumping on board soon.

Steve Slavinsky is a senior research

fellow at the Center for the Study of Economic Liberty at Arizona State

University. He predicts one or more states will end the personal income tax as a

means to deal with all those special carve-outs and

giveaways to favor groups and state tax codes. I'm usually rather averse to

making predictions, but I'm starting to see some stars aligning that I think could bode well for those of us who want

and think is tax reform is necessary at the state level.

The two states that I'm seeing a lot of signs on is my home state of Arizona, as well as the state of North Carolina.

And there's some interesting parallels here and there's some interesting differences.

And at this point, I think it's a race between Arizona and North Carolina, although there's a

contender in the race also in the form of Oklahoma who may be trying to make

movement in this direction. But North Carolina has a good head start.

I think what you've seen over the past couple of years, you've had the Governor Pat McCrory,

Republican Governor, and a Republican legislature putting together substantial emphasis on phasing out the income tax in the state of Arizona,

personal income tax and corporate income tax, over 10 years.

And they've done it in the way that you would expect them to do it based on learning the lessons from

failed attempts to do this sort of thing in other states over the past 30 years.

They've put revenue triggers into the bill saying as long as revenue grows by a certain

percent every year. It buys down the income tax rate every year over 10 years until the

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