Download e-book for iPad: American Politics in the Age of Ignorance: Why Lawmakers by D. Schultz
By D. Schultz
American Politics within the Age of Ignoranc e seems at ten coverage myths and undesirable principles that governments and public officers - usually conservatives - regularly repeat and re-enact. performing on those myths, the rules unavoidably fail and thereby strengthen preconceived ideals that executive is useless at fixing difficulties.
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Extra resources for American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research
Effectively, this is looking at the relationship between economic growth and the tax rates on the wealthy and corporations. S. economy and higher tax rates. Thus, for advocates of supply side economics, decreases in top marginal tax rates on the wealthy and corporations should correlate with greater economic growth. 0 United States GDP growth and taxes, 1930–2010 should grow more quickly when top individual and corporate tax rates are lower. If taxes are a major factor deterring economic growth, lines on a graph should go in opposite directions: As tax rates go up the GDP should go down.
What the Pennsylvania report found was that claims about the efficacy and impact of tax cuts alone as a major factor encouraging business location decisions were exaggerated. They might have had some impact but it was more muted than its supporters contended. A second study entitled Money for Something: Job Creation and Job Quality Standards in State Economic Development Subsidy Programs was prepared for the Good Jobs First organization in 2011 by Philip Mattera and three other authors. They examined 238 state economic development programs across the 50 states and the District of Columbia.
Moreover, no public official wants to look passive as neighbor rolls out the tax red carpet for a business. Thus, bidding war ensues and businesses are only too happy to encourage and take advantage of it (LeRoy 2005). But communities cannot resist the temptation to act, even if they conclude that it is wrong; instead political considerations often intrude into economic development decisions (Malizia and Feser 1999: 257–259). Consider two recent studies. The first study entitled An Evaluation of the Keystone Opportunity Zone (KOZ) Program was prepared for the Pennsylvania Legislative Budget and Finance Committee in 2007.
American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research by D. Schultz