Nearly four years ago, newly hired Idaho Commerce Director Jeff Sayer sang a trickle-down economics tune for a group of legislators contemplating cutting taxes. "This legislation would let us step forward and announce to the world that Idaho is not only financially solvent and fiscally sound, but that we just reduced our tax rates. In all the noise we face trying to put our story forward, trying to make ourselves competitive, this is one of the strongest statements we could make." Tuesday, Sayer walked into the first public session of a legislative tax working group that had previously kept its deliberations private and delivered a much different mantra. "We do need lower taxes some day, and not today," Sayer said. "The return for the state is not in lowering taxes. it's in investing in talent." Why Sayer's conversion?/Marty Trillhaase, Lewiston Tribune. More here.

Question: Do you believe in trickle down economics?