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Topic Title: Kansas Topic Summary: Will the Republican tax cuts do this to the entire country? Created On: 01/11/2018 07:39 AM |
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01/11/2018 07:39 AM
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It was only two months ago that Governor Sam Brownback was offering up the steep tax cuts he enacted in Kansas as a model for President Trump to follow. Yet by the time Republicans in Congress get around to tax reform, Brownback's fiscal plan could be history - and it'll be his own party that kills it.
The GOP-controlled legislature in Kansas nearly reversed the conservative governor's tax cuts on Tuesday, as a coalition of Democrats and newly-elected centrist Republicans came within a few votes of overriding Brownback's veto of legislation to raise income-tax rates and eliminate an exemption for small businesses that blew an enormous hole in the state's budget. Brownback's tax cuts survive for now, but lawmakers and political observers view the surprising votes in the state House and Senate as a strong sign that the five-year-old policy will be substantially erased in a final budget deal this spring. Kansas legislators must close a $346 million deficit by June, and years of borrowing and quick fixes have left them with few remaining options aside from tax hikes or deep spending cuts to education that could be challenged in court. The tax bill would have raised revenues by more than $1 billion over two years. http://www.theatlantic.com/pol...ownback-kansas/517641/ ------------------------- I was right. |
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01/11/2018 07:51 AM
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It's a damn shame what they've done to education in Kansas in order to appease the capitalists.
------------------------- Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system. In biology, such behavior of cells is called "cancer". |
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01/11/2018 08:57 AM
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People still live there?? |
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01/11/2018 09:20 AM
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Children of the Corn.
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01/12/2018 09:48 PM
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There are entire counties that don't have a single highway patrol officer. They can't afford to pay them.
------------------------- I was right. |
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National Enquirer (FORMERLY NSR)
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Kansas
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