The Governor’s budget proposal will reportedly include the expansion of a corporate tax break called Single Sales Factor apportionment. This factsheet describes how this tax break works, the evidence on whether it is effective, and its cost.
Effective economic policies can create a more highly productive state economy and make it possible to improve economic opportunity and security for working families. This paper examines the economic research on the relationship between effective investments in education and transportation and improved economic productivity. The paper also examines the economic effects of tax reforms that can fund those investments.