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Showing Original Post only (View all)How Tea Party tax cuts are turning Kansas into a smoking ruin [View all]
http://www.latimes.com/business/hiltzik/la-fi-mh-kansas-a-smoking-ruin-20140709-column.htmlMichael Hiltzik
LOS ANGELES TIMES
Sam Brownback, the Republican governor of Kansas, doesn't just believe in whistling past the graveyard--he's willing to stroll past it in full-throated song.
The graveyard is where the economy of Kansas has been buried since 2012, when Brownback and his Republican state legislature enacted a slew of deep tax cuts in a tea party-esque quest for economic "freedom."
Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy," he promised then. Brownback's tax consultant, the supply-side guru Art Laffer, promised Kansans that the cuts would pay for themselves in supercharged economic growth.
Instead, job growth in Kansas trails the nation. The state's rainy-day fund is dwindling to zero. Month after month, revenue comes in even lower than fiscal officials' most dire expectations.
In the rest of the country, school budgets are finally beginning to recover from the toll of the last recession; in Kansas, they're still falling. Healthcare, assistance for the poor, courts, and other state services are being eviscerated.
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This is what you get when radical people are in charge. We should be showing this state as an
Thinkingabout
Jul 2014
#2
And the problem will continue to linger as long as people like you continue
A Simple Game
Jul 2014
#13
promised Kansans that the cuts would pay for themselves in supercharged economic growth.
leftyohiolib
Jul 2014
#4
A preview of the USA if the rethugs get control of the Senate in 2014. This is exactly what they
jwirr
Jul 2014
#5
Sad. But at least the problems are at least being attributed to the bad policies.
DirkGently
Jul 2014
#9
When will they learn - Wealthy people do NOT use their tax cuts to create new jobs...
LynneSin
Jul 2014
#32