Iowa’s Policy Project’s Peter Fisher is one of the best around these woods for ferreting out the utter BS that is being peddled by the business lobby to make themselves seem like a picked on group. To me, Peter is Iowa’s version of David Kay Johnston. Johnston as many of you know has exposed the grip that business has on America’s legislators.
Mike Owen, Iowa Policy Project Director, sent out a little teaser on Fisher’s work. As Owen notes in his blog:
http://iowapolicypoints.org/2014/08/18/beware-the-business-climateers/
“Iowa’s business lobby appears to be preparing a new assault on the ability of our state to provide public services.
It would be the latest in a long campaign, in which lobbyists target one tax at a time under a general — and inaccurate — message about taxes that we will not repeat here.
Suffice to say, Iowa taxes on business are low already. Many breaks provided to businesses are rarely reviewed in any meaningful way to make sure that taxpayers are getting value for those dollars spent, ostensibly, to encourage economic growth. Rarely can success be demonstrated.
The Iowa Taxpayers Association is holding a “policy summit” this week and promoting a new report by the Tax Foundation to recycle old arguments that are no better now than they have been for the last decade.
Fortunately in Iowa, we know where to turn to understand claims from the Tax Foundation, and that resource is Peter Fisher, our research director at the Iowa Policy Project. Fisher has written two books on the so-called “business climate” rankings by the Tax Foundation and others, and is a widely acknowledged authority on the faults in various measures of supposed “business climates” in the states.”
Owen then links to a summary of one of Dr. Fisher’s works where we find this gem:
Washington, D.C. (Nov. 28, 2012) — A new study finds that state tax and regulatory policies recommended by the American Legislative Exchange Council (ALEC) fail to promote stronger job creation or income growth, and actually predict a worse performance.
Since ALEC first published its annual Rich States, Poor States study with its Economic Outlook Ranking in 2007, states that were rated better have actually done worse economically.
Those are the key findings of “Selling Snake Oil to the States,” a study published today by Good Jobs First and the Iowa Policy Project and freely available online at http://www.goodjobsfirst.org/snakeoiltothestates. It was released at a press conference the same week ALEC holds its annual fall meeting in Washington, D.C.
“We tested ALEC’s claims against actual economic results,” said Dr. Peter Fisher, research director of the Iowa Policy Project and primary author of the study. “We conclude that eliminating progressive taxes, suppressing wages, and cutting public services are actually a recipe for economic inequality, declining incomes, and undermining public infrastructure and education that really matter for long-term economic growth.”
The Iowa Policy Project should be mandatory reading for legislators who have the good of all Iowans in mind.
