Extending The Individual Tax Cuts Will Cost $425,000 PER JOB!

No, that’s not a typo in the headline.

According to an analyis released this week by the the Tax Foundation, extending the individual tax cuts enacted last year beyond their current 2025 expiration will cost somewhere between $384,000 and $425,000 per job created.

According to the analyis, extending the individual tax cut will produce 1.5 million new jobs but will result in a substantial loss in federal revenue — $638 billion on a “static” basis and $576,000 using dynamic scoring.

Divide the revenue loss by the number of projected new jobs and the cost per job is $425,333 using static modeling and $384,000 using dynamic scoring.

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