October 24, 2017

All that matters

Christian charity keeps me from referring to the big business friendly Tax Foundation as a racket for the rich. So I won't. But it kind of is. The group rates states on their "tax climate" (translation: good for a few) as if that was a measure of well-being.

Today, conservative commentator Hoppy Kercheval celebrated West Virginia's improved ranking of 19, ahead of our surrounding states. Most of the "improvement" in ranking comes from tax cuts initiated 10 years ago and phased in over time.

My friend Sean O'Leary at the WV Center on Budget and Policy summed it all up in a great tweet:
And all it cost us was an ongoing budget crisis, credit downgrades, a depleted rainy day fund, and major cuts to higher education.
Oh yeah, and we have fewer jobs now than then. And we've lost population. And things have gone so dark that we lead the nation in drug overdose deaths. And schools are laying off teachers and support staff. And we cut taxes by more than enough to pay free in-state tuition and fees to all WV students in a state that desperately needs to raise its educational attainment rates.

But, hey, the Tax Foundation is happy. That's all that matters, right?

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