2018 Fiscal Year State Budget, NC Budget and Tax Center

Bipartisan group of Kansas legislators stops failed tax-cut experiment

As North Carolina’s General Assembly begins the process of reconciling the budget proposals from the House and Senate, they would be wise to look to the newspapers in Kansas today.

A bipartisan supermajority of both houses rejected Gov. Brownback’s tax cutting agenda and choose a different approach—funding the programs and services that can grow the economy stronger and for all through a $1.2 billion revenue package.

This leadership from the Kansas Legislature came as cuts to schools, health care and infrastructure were mounting, the state’s fiscal stability was questioned by rating agencies, and many tax-cut supporters lost their bid for re-election in the Fall of 2016.

As Nick Johnson with the Center on Budget & Policy Priorities noted in a statement:

“Kansas’ five-year experiment shows us what happens when we try to tax-cut our way to prosperity, but the legislature’s action reminds us that we have other options.”

North Carolina Representatives and Senators, we too have better options.

Check Also

Statement on the Passage of the Income Tax Cap Proposal

The passage of Senate Bill 75, proposing a ...

Top Stories from NCPW

  • News
  • Commentary

Wake County judge rejects legislature's last-minute rule change on candidate party affiliation [...]

Earlier this month, the youth-led group Triangle People Power held a showing of “The Bail Trap,” a d [...]

The evening started well for Vista Green. Wood Beasley III tried to dazzle the Northampton County Pl [...]

At a standing-room only gathering to discuss the six proposed amendments to the North Carolina const [...]

The post Ship of State in a bottle… appeared first on NC Policy Watch. [...]

A decade ago, the entire nation suffered through a financial crisis that led to the brink of a globa [...]

The drive by Republicans who control the General Assembly to enhance their already formidable power, [...]

The issue of international trade – particularly with the world’s largest nation, China – has been mu [...]