I made a fair effort to use the state’s new Real Wage Calculator to demonstrate how much purchasing power teachers sacrifice to stay in South Dakota. Now Jodi Schwan points out that I probably need to throw those numbers out completely.
Schwan’s Sunday feature is a gentle conversation with Governor’s Office of Economic Development honcho Pat Costello, who shows Schwan how peachy keen his new math toy is:
“This is such a huge improvement,” said Pat Costello, commissioner of the Governor’s Office of Economic Development, as he and [GOED tax and industry specialist Mike] Boehm demonstrated it for me last week.
They had a lot of help putting it together, from Eide Bailly LLP, which helped compile state-by-state tax rates, to students at Dakota State University, who built the website [Jodi Schwan, “Meet the Real Wage Calculator,” that Sioux Falls paper, 2015.03.29].
Eide Bailly—oh yeah, they were the accountants the state hired to find nothing really bad had happened with GOED during the EB-5 days.
When the state wants the numbers to add up in its favor, it calls Eide Bailly.