As state legislatures review their tax systems, they may wish to consider revenue stability along with other critical features of the tax code such as fairness, support for economic growth, and administrative costs. Of course, healthy economic growth can ease state and local fiscal problems – and federal fiscal problems, for that matter.
3  For general surveys of the contribution of human capital and education to economic growth, see Krueger and Lindahl (2001) and Wasmer et al. (2006). De la Fuente and Ciccone (2002) review the literature with specific reference to Europe.