How those tax cuts have worked for the past 10, 20 years

That is, tax cuts for the wealthiest sliver of us. Oh, and corporations.

…After the nation recovered from the 1990-91 recession, 43 states made sizable tax cuts from 1994 to 2001 as the economy surged. Twenty-eight states, in fact, reduced their unemployment insurance payroll taxes after 1995.

But states that cut taxes the most ended up with the largest budget shortfalls and higher job losses when the economy slowed again in 2001, according to research by the Center on Budget and Policy Priorities.

Read more: http://www.mcclatchydc.com/2011/03/28/111161/states-broke-maybe-they-cut-taxes.html#storylink=misearch#ixzz1I33Ei9VW