Why State Tax Cuts Aren't Driving Job Growth

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On its face, it seems like a no-brainer. If a business is looking to relocate, all things being equal, a state that is going to take less of its profits in taxes is going to be more attractive. The “How Money Walks,” website, for instance, is dedicated to tracking the migration of individuals from high-tax to low-tax states.

The trouble is that the promised job growth hasn’t really materialized.