Kansas Rolls Back Brownbacks Tax Cuts

[applegrove]

https://politicalwire.com/2017/06/07/kansas-rolls-backs-brownbacks-tax-cuts/

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Kansas lawmakers rolled back Gov. Sam Brownback’s (R) signature tax policy over his objections Tuesday night, “forcing into law tax increases to fix a budget shortfall and provide more money for schools,” the Wichita Eagle reports.

“The legislation ends the ‘march to zero’ income tax cuts that Brownback heralded for much of his time as governor. Income taxes will rise across the board but most tax rates will remain lower than they were before the 2012 tax cuts. The increases are expected to generate more than $1.2 billion for the state over the next two years.”

First Read: “Talk about a political sea change — the conservative state of Kansas raising taxes! — which up-ends a central GOP orthodoxy that cutting is always good and raising them is always bad. If you were looking for the breaking point for Republicans on taxes, we found it in Kansas.”


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[elleng]

1. Best news I've seen in days (I think,)

suggestion that some repugs are retrieving their minds.

[Matthew28]

2. Some people within the republican party

Are starting to realize just how dumb this cut, slash and reward the riches really is...It doesn't work.

[dalton99a]

3. Trump will move this destructive asshole to Washington

to do damage at the federal level

[Warpy]

4. Koch boys will be in deep mourning

All that money spent to buy the government for just a few years of supply side horseshit. It's good to see those platinum plated racketeers run into the law of diminishing returns at last.

[Gothmog]

5. The Laffer Curve is dead

[TomSlick]

6. Even the Repubs in the Kansas legislature

have figured out that the Repub article of faith that cutting taxes on the rich will (somehow) increase total tax receipts is exactly what it sounds like - nonsense.