Uncategorized

Thank goodness we’re not in Kansas

A recent Washington Post story confirms once more that the anti-taxes, anti-government policies of the conservative leaders running Kansas continue to backfire.

“Gov. Sam Brownback of Kansas took to the pages of the Wall Street Journal last month to tout the success of his economic program, particularly several rounds of income tax cuts amounting to the largest in the state’s history. ‘We supported small business by taking away all income taxes on small businesses,’ Brownback wrote, ‘allowing them to reinvest in their businesses, creating jobs and growth. … By giving these companies more money to reinvest in their businesses, we are enabling them to hire more people and invest in needed equipment.’

The only problem? That job growth hasn’t exactly materialized. In fact, as Josh Barro notes in a must-read over at The Upshot today, job growth in Kansas has actually lagged behind the U.S. average, especially in the years following the first round of Brownback tax cuts in 2012.

As the story also notes, the latest finding echo those of a March report from the Center on Budget and Policy Priorities which found that:

“Tax cuts enacted in Kansas in 2012 were among the largest ever enacted by any state, and have since been held up by tax-cut proponents in other states as a model worth replicating.  In truth, Kansas is a cautionary tale, not a model.  As other states recover from the recent recession and turn toward the future, Kansas’ huge tax cuts have left that state’s schools and other public services stuck in the recession, and declining further — a serious threat to the state’s long-term economic vitality. Meanwhile, promises of immediate economic improvement have utterly failed to materialize.”

If only the Tillis-Berger-Pope-McCrory foursome would wake up and smell this old and bitter coffee.

One Comment

  1. LayintheSmakDown

    July 1, 2014 at 6:41 pm

    Luckily we are doing better implementing similar laws and experiencing relatively robust job growth (at least for the Obama economy).