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Kansas ends conservative experiment
2001400ex
Member Posts: 29,457
in Tug Tavern
http://www.kansascity.com/news/state/kansas/article22685010.html
The state's budget problems arose after the GOP-dominated Legislature slashed personal income taxes in 2012 and 2013 at Brownback's urging as an economic stimulus.
Brownback's plan would raise $428 million during the fiscal year beginning July 1, a little more than what's needed to close the budget gap. A majority of the new dollars would come from increasing the sales tax to 6.65 percent from 6.15 percent and the cigarette tax by 50 cents a pack, to $1.29 from 79 cents.
The state's budget problems arose after the GOP-dominated Legislature slashed personal income taxes in 2012 and 2013 at Brownback's urging as an economic stimulus.
Brownback's plan would raise $428 million during the fiscal year beginning July 1, a little more than what's needed to close the budget gap. A majority of the new dollars would come from increasing the sales tax to 6.65 percent from 6.15 percent and the cigarette tax by 50 cents a pack, to $1.29 from 79 cents.
Comments
By the way if they ended the experiment they would have raised income tax
http://www.newrepublic.com/article/119574/sam-brownbacks-conservative-utopia-kansas-has-become-hell
I don't think Brownback is alone in his ideological approach
Because Kansas did in fact elect him
But you're absolutely right - Kansas elected him and re-elected him, so this is what they signed up for
If only he could have failed as bad as Reagan
I have always been a fan on sales tax. At least then, the deadbeats pay their share, as long as it's offset by a decrease in income and property tax. The only reason Oregon doesn't have a sales tax is because the left feel it's unfair to the few poor but mostly lazy deadbeats, and the right know bringing the tax just adds another one to their already 80% share that the middle class pay.
The seasonally adjusted unemployment rate was 4.3 percent in April, a slight increase from 4.2 percent in March but a bit lower than the 4.5 percent rate in April 2014. The state has 11,300 jobs more compared to last year, but lost 2,300 jobs compared to last month.
I wonder why the fact Kansas is a full percent lower in unemployment than the country isn't the headline.
Tax cuts work to stimulate economy ...
Show me how the tax cuts reduced unemployment. Given that historically Kansas had has lower unemployment than the country. And when they lay off a bunch of government workers, how will that affect the unemployment rate?
http://www.eoionline.org/wp/wp-content/uploads/tax-reform/ConciseHistoryWATaxStructure-Aug02.pdf
not true at all, in fact.
Nobody uses facts around here.
Even so, Kansas still enjoys a AA+ credit rating by S &P.
Kansas spends 27% of its state budget on K-12 education. Only 5 states spend more on K-12 education as a percentage of total state expenditures.