I checked the Dayton Daily News headline this morning, and was shocked to see this: “Local economy gets a boost from increased tax revenue collections.” That sounds completely backwards. Are we to believe that increased tax collection actually led to an improved economy? That’s not what the body of the story actually says. According to Dayton’s City Manager, “It’s hard to pinpoint why we are doing a little better on the income tax side, but I think it’s generally because the economy has gotten a little bit better.”
That makes a little more sense. Tax revenues are up because the economy has improved. The headline, however, completely reverses the cause and the effect. This should serve as a warning to any who get their news by scanning the DDN headlines.