More economists sign on to pro-tax letter

More economists have signed on to a letter sent yesterday to leadership in the House, Senate and the Governor. The message: Raise taxes, please.

“Drawing upon economic theory, we believe reducing government spending will have a more deleterious effect on Washington State’s economy than would increasing revenue,” the letter says.

“The best strategy is to continue our long-term investments in education, health care, community vitality, and economic security.”

The letter was initially signed by 22 economists — many professors at universities and colleges across the state. This morning, six more signed on.

Here’s the full letter.

Tags: Budget