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And yet, oddly enough, they need to raise taxes:Early Results Show Income Tax Cuts Making Kansas A More Prosperous State - Forbes
Early Results Show Income Tax Cuts Making Kansas A More Prosperous State
This week, Investor’s Business Daily (IBD) ran an editorial declaring that the tax cut Kansas Governor Sam Brownback and the state legislature passed in 2012 “is working.” Newly released data from the U.S. Bureau of Labor Statistics show that Kansas and Utah are tied for first when it comes to state job growth estimates.
Here are the highlights from the report:
- For the first two months of the year, Kansas increased its non-farm jobs by 9,500 and the private sector added 9,000 jobs for March.
- In a state-to-state comparison, Kansas placed 2nd in private-sector jobs growth in February.
- Private-sector jobs from February 2014 to February 2015 grew by 21,200 — one of the most significant increases in the country.
- Kansas surpassed all neighboring states except Colorado in private job gains over the year.
- In private-sector hourly wages, Kansas beat all neighboring states except Nebraska.
- Private-sector hourly wage estimates for January were revised upward, showing that Kansas gained 3.4% rather than 3.2% in hourly pay.
- In month of February, Kansas hit a new record in hourly wage gains of 61 cents an hour.
- Kansans are making an average of $25.52 more each week, while only having to work an average of 12 minutes longer.”
- Compared to February last year, Kansas City, Kansas’s private sector average hourly wages were higher than in Kansas City, Missouri by 55 cents.
- Unrelated to February data, Kansas has one of the highest employment-to-population ratios in the U.S., at 65.2%
Kansas Legislators Approve Tax Increases to Balance Budget - ABC News
This is the part I like: how much to increase taxes for the 281,000 business owners and 53,000 farmers who no longer pay income taxes on their profits under a 2012 policy championed by Brownback.
Kansas tax increase biggest in history - Google Search
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And just think, Kansas is returning their roads to gravel.