Nix the income tax, rich get richer, the house falls apart

December 5, 2015

Over the last 20 years every time revenues have risen, state taxes, and primarily the personal income tax, have been cut, reducing our General Fund from what would have been $13 billion to just over $9 billion. Elected officials promised glowing economic growth and higher incomes and none of that has occurred. Instead our per capita income relative to other states has fallen, and we’re one of the few states with fewer jobs than in 2007.