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Opinion
Deborah Solomon

How Republican Governors Are Pretending to Cut Taxes

Republican governors across the U.S. are engaged in an income tax-cutting frenzy, moving to reduce or even eliminate individual income taxes in their states. The changes will increase economic growth and reduce the size of government, they say, and their plans are drawing strong praise from conservative stalwarts.

Unfortunately, the architects and supporters of these plans are laboring under two misunderstandings -- both of which undercut arguments in favor of their efforts.