Study: Lower Taxes Do Not Boost State Economies

A new study by researchers at the Northeast Regional Center for Rural Development at Penn State shows that “lower taxes are statistically insignificant in explaining state economic performance, and that targeted tax incentives and financial assistance — as currently practiced — are more likely to harm growth and income inequality.” “Although our results are primarily [...]

Source: http://thinkprogress.org/economy/2011/06/24/253898/study-low-taxes-state-economies/

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