Posts Tagged ‘competitiveness’

Richard Florida
by Richard Florida
Wed May 18th 2011 at 10:00am UTC

Do State Business Taxes Really Matter?

Wednesday, May 18th, 2011

These days talk about taxes of any kind, unless cuts are being proposed, is the third rail of American politics.  Many business people and of course doctrinaire conservatives insist that lower tax rates create more incentives for investment, business formation and economic growth. Tax cuts, they continue, are thus a key mechanism for spurring economic growth. Though we haven’t seen much of the Laffer Curve since the heyday of Reaganism, a new generation of supply-siders is arguing for more tax cuts despite our already-staggering deficits.