This is a new report co-authored by Noah Berger from the Mass. Budget and Policy Center. It demonstrates that a sta
te’s best economic development strategy is providing expanded access to high quality education., NOT tax cuts or business tax breaks, The paper looks at data from across the country and finds
· There is no correlation between the overall level of taxation in a state and the ability of the economy to support high wage jobs.
· There is a very strong correlation between how well educated a state workforce is and the ability of the economy to support high wage jobs.
This article from the Washington Post summarizes the article.