In the Dispatch Voters’ Guide, John Ward’s opponent stated that history proves tax cuts creates jobs. While I consider Chris a nice person and friend, I feel she, and other GOP candidates who espouse this theory, are misguided. If it were true, we should be swimming in jobs in the nation and MN now. Taxes were cut by Bush and Ventura in the early 2000s and we are still living with those tax rates. What happened? Why would we choose more of the same policies that sent us into the Great Depression, in the 1930s, and the Great Recession from which we are just recovering?
Employers add jobs under one condition… when adding that job makes them more money. Tax rates have nothing to do with it. Also, a general tax cut, even if it did add jobs, would not mean those jobs are created in our state or nation. The most viable tax solution, proposed by Gov. Dayton and supported by John Ward, but shot down by the GOP, offered a tax credit for jobs created in MN.
Minnesota did best in the 70’s when we had a much higher tax rate on higher income individuals, but created a level playing field and invested across the state in education and infrastructure. While our tax rates were the highest in the Upper Midwest, our job growth, income levels and quality of life were much higher than the other states.
In dealing with deficits, a balanced solution of spending cuts and tax increases on those who have done very well in these times, is the best solution, one supported by John Ward and other DFL candidates.
Don’t go back to supporting failed economic policies that drove us into a deep recession.
Vote Ward and other DFL candidates.