Misplaced Faith in Tax Cuts

by | Oct 1, 2018

Whatever the problem, a tax cut will fix it. And under no circumstances ever increase taxes. So goes the conventional conservative mantra. New research from two Oklahoma State University economists (Rickman and Wang, 2018) finds that reality is far more nuanced than...

Income Tax Hikes Have Not Stifled Job, Income Growth

by | Jul 30, 2018

Conservatives frequently argue that tax increases stifle job growth. In reality, data from 1950 to the present show no indication that Minnesota income tax increases have had any adverse impact on job creation or income growth. In fact, Minnesota’s rate of job and...

Minnesota Passes Wisconsin in Total Jobs

by | Jul 12, 2018

Total 2017 employment in Minnesota eclipsed that of Wisconsin for the first time in history,* despite having over 200,000 fewer people. Just ten years ago, Minnesota had 93,000 fewer jobs than Wisconsin. The Gopher State now has 6,200 more jobs, according to the...

Myths of the 2017 Federal Tax Act

by | Jun 20, 2018

The “Tax Cuts and Jobs Act” (TCJA)—the massive federal tax cut passed in December 2017—has failed to produce the benefits touted by its promoters. And if history is any indicator, there is no reason to believe things will change in the future. The following debunks...