Real Tax Cuts for Real Investments

cato.org — GOV. Spitzer promises to revitalize the economy and "attract capital and jobs back to New York." He’s even said he’ll cut taxes. New Yorkers certainly need tax cuts. The overall tax burden in the state is 53 percent higher than the U.S. average on a per-capita basis, and 32 percent higher when measured as a share of income. Alas, Spitzer’s...