Reed, W. Robert; Rogers, Cynthia L. - In: Public Finance Review 32 (2004) 3, pp. 269-291
The Whitman administration’s 30% reduction in New Jersey’s personal income taxes from 1994 to 1996 is prominently cited as a role model for state fiscal policy. The authors investigate whether the growth benefits attributed to the Whitman tax cuts are warranted. Panel data methods are...