Friday, October 27, 2006

 

“Bogus,” “Hilarious,” “Laughable”

These are just a few of the phrases used by State Tax Commissioner William Wilkins, Lieutenant Governor Bruce Johnson, and former State Tax Commission Tom Zaino in a Plain Dealer story on the latest nonsense to emanate from the Tax Foundation – they are claming that Ohio is 2nd worst in the nation in terms of business tax climate. Even the Ohio Business Roundtable blasted the Tax Foundation report in a memo they sent to Governor Bob Taft and legislative and business leaders. It’s amazing to me that anyone still pays attention to anything that Tax Foundation says when so many analysts have shot so many holes in their methodology, but I guess it all comes down to marketing.

Comments:
Peter Fisher has done some excellent work on this subject of business tax ratings and what they DON'T tell us.
Check out "Grading Places" at: http://www.epinet.org/content.cfm/books_grading_places.
 
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