• The House and Senate tax bills now under discussion in the General Assembly would constitute fundamental tax reform, not just a (welcome) cut in state taxes for most households.
• The impact of the House and Senate tax plans on future revenue growth will not prevent state government from funding core public services such as public schools and universities.
• There is strong empirical support for the idea that reforming and reducing state taxes as the House and Senate propose will increase job creation and economic growth.
Spotlight 441 Three Truths of Tax Reform: Senate, House plans would spur growth, create jobs
