Trickle Down Fails hardcore in Kansas

Nyvin

Gold Member
Sep 23, 2013
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Taxpayers Call Themselves Businesses as Kansas Tax Plan Founders

Destroying a surplus and creating a deficit:

But since the adoption of Brownback’s tax package, which included cutting the top income-tax rate by 26 percent and increasing standard deductions for married and single head-of-household filers, Kansas has gone from a $709 million surplus to shortfalls, said Duane Goossen...

Budget officials forecast a shortfall of as much as $190 million, starting July 1.

Not helping job growth like was promised:
Jason Ball, president and chief executive officer of the Hutchinson/Reno County Chamber of Commerce, said...the law should be re-examined because it hasn’t been a boon to job creation.

Ruining education and transportation in the state:

Those moves, as well as siphoning more than $400 million from the highway construction and maintenance fund since 2013, haven’t stanched the bleeding. The Revenue Department reported that December’s take was short of expectations by $26 million. Kansas budget director Shawn Sullivan said an additional $25 million will be taken from transportation funding next year.

Osborne said schools and roads have been hurt by declining revenue -- a deterrent to economic growth.

Great job conservatives! Right wing policies run wild. Kind of like after the first year with a Republican congress we see the deficit actually INCREASE for the first time in six years.

I'd LOVE to see someone try to blame this on Democrats, lmao...
 
Taxpayers Call Themselves Businesses as Kansas Tax Plan Founders

Destroying a surplus and creating a deficit:

But since the adoption of Brownback’s tax package, which included cutting the top income-tax rate by 26 percent and increasing standard deductions for married and single head-of-household filers, Kansas has gone from a $709 million surplus to shortfalls, said Duane Goossen...

Budget officials forecast a shortfall of as much as $190 million, starting July 1.

Not helping job growth like was promised:
Jason Ball, president and chief executive officer of the Hutchinson/Reno County Chamber of Commerce, said...the law should be re-examined because it hasn’t been a boon to job creation.

Ruining education and transportation in the state:

Those moves, as well as siphoning more than $400 million from the highway construction and maintenance fund since 2013, haven’t stanched the bleeding. The Revenue Department reported that December’s take was short of expectations by $26 million. Kansas budget director Shawn Sullivan said an additional $25 million will be taken from transportation funding next year.

Osborne said schools and roads have been hurt by declining revenue -- a deterrent to economic growth.

Great job conservatives! Right wing policies run wild. Kind of like after the first year with a Republican congress we see the deficit actually INCREASE for the first time in six years.

I'd LOVE to see someone try to blame this on Democrats, lmao...
I see nothing wrong with Con-servatives running their Red states as they see fit. Makes for a good abject lesson, IMO.
 
Taxpayers Call Themselves Businesses as Kansas Tax Plan Founders

Destroying a surplus and creating a deficit:

But since the adoption of Brownback’s tax package, which included cutting the top income-tax rate by 26 percent and increasing standard deductions for married and single head-of-household filers, Kansas has gone from a $709 million surplus to shortfalls, said Duane Goossen...

Budget officials forecast a shortfall of as much as $190 million, starting July 1.

Not helping job growth like was promised:
Jason Ball, president and chief executive officer of the Hutchinson/Reno County Chamber of Commerce, said...the law should be re-examined because it hasn’t been a boon to job creation.

Ruining education and transportation in the state:

Those moves, as well as siphoning more than $400 million from the highway construction and maintenance fund since 2013, haven’t stanched the bleeding. The Revenue Department reported that December’s take was short of expectations by $26 million. Kansas budget director Shawn Sullivan said an additional $25 million will be taken from transportation funding next year.

Osborne said schools and roads have been hurt by declining revenue -- a deterrent to economic growth.

Great job conservatives! Right wing policies run wild. Kind of like after the first year with a Republican congress we see the deficit actually INCREASE for the first time in six years.

I'd LOVE to see someone try to blame this on Democrats, lmao...

So let me get this straight, progressive taxation and debt concepts get decades to flounder and be expanded, but fiscal conservative plans are "failures" after 3 or 4 years.....

LOL.
 

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