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Kansas shucks its Laffer tax-cutting disaster


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#1 diogenes227

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Posted 11 July 2019 - 11:33 AM

...And becomes the most improved state for business in 2019.

 

And now Trump and the GOP are running the country on the same voodoo economics, even giving a Presidential Medal of Freedom to the fraud behind the curtain.  How many times must we go down the yellow brick road to realize there just ain't no Oz?

 

Cutting taxes on the welfare rich at the expense of everything else is not good for the country, and in the end will not even be good for the rich.

 

(Click on the sunflower field for the rest of the story)

 


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#2 colion

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Posted 11 July 2019 - 01:10 PM

...And becomes the most improved state for business in 2019.

 

And now Trump and the GOP are running the country on the same voodoo economics, even giving a Presidential Medal of Freedom to the fraud behind the curtain.  How many times must we go down the yellow brick road to realize there just ain't no Oz?

 

Cutting taxes on the welfare rich at the expense of everything else is not good for the country, and in the end will not even be good for the rich.

 

(Click on the sunflower field for the rest of the story)

 

 

 

Politically inspired comment that ignores reality.  Reversing tax cuts in Kansas is not the reason its economy grew as evidenced by growth of economies in states that cut taxes (e.g., NC) and the acknowledged spending spree which is unsustainable (typical D approach).  The growth seen by Kansas is now leveling off and is projected to soon decline.  Rs are pushing to reduce taxes arguing that tax cuts were not the problem but were undermined by runaway spending.  An example of the the nutty spending by Ds is the welfare plan implemented by the D governor who today was forced to backtrack.