Kansas Republicans raise taxes,ending their GOP governor’s ‘real live experiment’

MadeTheSwitch

macrumors 6502a
Original poster
Apr 20, 2009
829
15,204
Buried in all of today's news was this fascinating story where Republicans have decided to do something they almost never do: Raise taxes.

In a decisive repudiation of conservative tax-cutting philosophy, Kansas Republicans voted this week to reverse deep tax cuts enacted by Gov. Sam Brownback (R), a move that lays bare the challenges of one-party control and the risks for Republicans in Washington pursuing a similar policy at the national level.
Yet the Kansas legislature’s decision to override his veto could reverberate in many statehouses, where Republicans dominate, and in Washington, where President Trump and congressional allies have made passing similarly deep tax cuts a central pillar of their agenda for this year. The tax reductions in Kansas had not delivered the economic growth Brownback had promised but caused massive holes in the state’s budget and led to unpopular spending cuts in areas such as education spending.
https://www.washingtonpost.com/news/wonk/wp/2017/06/07/kansas-republicans-raise-taxes-rebuking-their-gop-governors-real-live-experiment-in-conservative-policy/

See, that's exactly the same thing I fear about Trump and his tax plans: That he will cause a massive hole that causes real economic harm to us even after he is no longer in office. This massive economic growth to cover tax cut revenue shortfalls never seems to pan out.
 

MacNut

macrumors Core
Jan 4, 2002
21,542
7,802
CT
We have the opposite problem in Connecticut, taxes are so high that people are leaving and it's creating a huge deficit.
 

MacNut

macrumors Core
Jan 4, 2002
21,542
7,802
CT
Yeah there has to be a balance. That is something that I think both parties don't get.
There needs to be a balance between taxes and wasteful spending. We need revenue but that money can't be blown on stupid things. Raise taxes too high and people will leave. Cut them too low and people stay but suffer.
 
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