Expect Job Losses if Taxes Go Up
Between 2013 and 2019, the higher taxes envisioned by President Obama would cost the economy nearly 800,000 jobs, according to the IHS Global Insight U.S. Macroeconomic Model. (See “Obama Tax Hikes: The Economic and Fiscal Effects,” by William Beach, et al., The Heritage Foundation, September 20, 2010.) But how will particular states be affected? You can find breakdowns for each state at Heritage.org. You can also find handy brochures that can be printed out and distributed to friends and family who want to know what to expect in their state.
