David Cay Johnston: State’s job growth defies predictions after tax increases

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In his recent piece for The Sacramento Bee, "State’s job growth defies predictions after tax increases," David Cay Johnston argues that California’s recent job creation numbers prove recent tax increases embodied in Proposition 30 aren’t killing jobs or slowing economic growth. Yet the evidence Johnston presents is less than convincing-surprising for an academic and former investigative journalist.

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State’s job growth defies predictions after tax increases By David Cay Johnston Special to The Bee Published: Sunday, Jul. 20, 2014 – 12:00 am Last Modified: Sunday, Jul. 20, 2014 – 3:08 pm Dire predictions about jobs being destroyed spread Chris Van Es NewsArt across California in 2012 as voters debated whether to enact the sales and, for.

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David Cay Johnston published a fascinating item in the. they believe with equal enthusiasm that tax increases always stunt economic growth.. california, Kansas, and lessons about taxes.

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Last year California added 410,418 jobs, an increase of 2.8 percent over 2012, significantly better than the 1.8 percent national increase in jobs. California is home to 12 percent of Americans, but last year it accounted for 17.5 percent of new jobs, Bureau of labor statistics data shows.

According to the same sources who blame Obama for the Malaysia MH17 shootdown. <p>Actually the tax increase did kill jobs. According to the same sources who blame Obama for the Malaysia MH17 shootdown the taxes cut job growth by 50%. It would have been a 5.6% increase in jobs without the tax instead of 2.8% with it.

State’s job growth defies predictions after tax increases, by David Cay Johnston, The Bee: Dire predictions about jobs being destroyed spread across California in 2012 as voters debated whether to enact the sales and, for those near the top of the income ladder, stiff income tax increases in Proposition 30. Million-dollar-plus earners face a 3 percentage-point increase on each additional dollar.