Pantagraph: Graduated tax amendment won’t be on November ballot

“The Institute on Taxation and Economic Policy, a nonpartisan but left-leaning group based in Washington, D.C., put out a statement Wednesday criticizing the department’s analysis for not taking into account the economically positive impact additional revenue generated by the proposal would have. The type of economic modeling the department used “is notoriously difficult — and notoriously manipulable,” Matthew Gardner, the group’s executive director, said in a written statement. “The hallmark of a sensible dynamic analysis is that it acknowledges the positive economic effects of public investments. By this standard, the (department’s) analysis fails utterly.”

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