South By North Strategies, Ltd.

The North Carolina Budget & Tax Center rounds up the evidence about the relationship between tax cuts and job growth.

In times of economic distress, the economic evidence demonstrates that preserving public investments in education, health, and public safety is the right path to boost job creation in the short term and promote shared economic prosperity in the long term. Contrary to the conclusions drawn from the Center for Competitive Economies’ report, cutting taxes will not only result in more job losses than keeping taxes at current levels and sustaining public investments, it will also undermine the gains made over past decades to build the highly skilled workforce and first‐rate infrastructure necessary for the North Carolina and its people to compete for the jobs of tomorrow.