Kansas is fully implementing the GOP strategy. Big tax cuts for the wealthy, block grants for schools. Will they succeed or will the budget take a hit?
"And that brings us to the bottom line. Since the first round of tax cuts, job growth in Kansas has lagged the U.S. economy. So have personal incomes. While more small businesses were formed, many of them were merely individuals taking advantage of the newly tax-free status of those firms by redefining themselves as businesses.
The business boom predicted by tax cut advocates has not happened, and it certainly has not come remotely close to offsetting the static revenue loss from the legislated tax cuts.
One can argue whether cutting taxes is a good thing. One can argue about whether government is too big. One can even argue about whether low taxes increase business activity. But one cannot credibly argue that tax cuts increase revenue or even pay for themselves. They didn’t for Ronald Reagan. They don’t for Sam Brownback. They won’t for the next politician who tries—whether he (or she) is in Washington, D.C. or in some state capital."
That's from Forbes.... Which is a conservative news outlet...
The author of your "conservative news outlet" is a Fellow at the Urban Institute, which is according to the LA Times (via wiki) a "Leading Liberal Think Tank". You still haven't figured out the difference between the bloggers @ Forbes (which come from all political persuasion) and the magazine itself, have you?
Kansas has its problems, but your grasp of them is nonexistent at best. You dig up that Clinton vs. Obama jobs recovery plot yet?
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The business boom predicted by tax cut advocates has not happened, and it certainly has not come remotely close to offsetting the static revenue loss from the legislated tax cuts.
One can argue whether cutting taxes is a good thing. One can argue about whether government is too big. One can even argue about whether low taxes increase business activity. But one cannot credibly argue that tax cuts increase revenue or even pay for themselves. They didn’t for Ronald Reagan. They don’t for Sam Brownback. They won’t for the next politician who tries—whether he (or she) is in Washington, D.C. or in some state capital."
That's from Forbes.... Which is a conservative news outlet...
http://www.forbes.com/sites/beltway/2014/07/15/whats-the-matter-with-kansas-and-its-tax-cuts-it-cant-do-math/
Kansas has its problems, but your grasp of them is nonexistent at best. You dig up that Clinton vs. Obama jobs recovery plot yet?