April 13, 2015

A graph that says it all

Tax reform is once again on the agenda in WV. As a union friend of mine recently said, "When they talk about reforming your taxes, watch out. You're about to get..."

We don't know the details, but it looks like WV Republicans want to pass still more business tax cuts, on the tired old theory that tax cuts for business creates jobs. Guess what: they don't. The chart above, put together by friends at the WV Center on Budget and Policy, shows it all.

In case you have trouble seeing it, here's the main deal: the blue line represents business taxes. It's gone down. The red line means jobs. They've gone down too.

Case closed. Next?

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