Kansas Is Totally Screwed

[hazlnut]

Kansas Is Totally Screwed

In 2012, when Kansas Gov. Sam Brownback first pitched his plan to drastically slash the state's income taxes, he promised "a shot of adrenaline into the heart of the Kansas economy." Brownback brought in Arthur Laffer, Ronald Reagan's trickle-down economics guru, to help sell the idea that the cuts—which zeroed out taxes for 200,000 businesses and slashed rates for top earners—were guaranteed to boost the state's fortunes, prop up the economy, and bring in countless new jobs as businesses and individuals flocked to Kansas to escape the tyrannies of higher-tax states.

Two years later, those rosy predictions have turned to doom and gloom. Next week, when the state legislature kicks off its new session, lawmakers will face a daunting budget deficit that will require either overturning Brownback's tax cuts or shaving hundreds of millions from the state's budget. A recent string of court cases mandating increased funds for education will make that job trickier. Thanks to Brownback's efforts to transform the state into the Koch brothers' dreamland, Kansas is now mired in a fiscal disaster.

Unlike the federal government, which can leave deficits on its books, state governments have to keep their budgets balanced from year to year. Throughout 2014, monthly tax revenues in Kansas came in far below expectations. Tax revenue in December alone came in $15 million below target.

GOP math is hilarious… in a tragic, people starving, government shutting down sorta way.

 

[Carib Gyal]

A recent string of court cases mandating increased funds for education

lol

 

[initforme]

Total abject failure. But keep voting him in until there;s nothing left.

 

[squeeze berry]

A recent string of court cases mandating increased funds for education

lol

IDEA or ELL ?

 

[bripat9643]

Kansas Is Totally Screwed

In 2012, when Kansas Gov. Sam Brownback first pitched his plan to drastically slash the state's income taxes, he promised "a shot of adrenaline into the heart of the Kansas economy." Brownback brought in Arthur Laffer, Ronald Reagan's trickle-down economics guru, to help sell the idea that the cuts—which zeroed out taxes for 200,000 businesses and slashed rates for top earners—were guaranteed to boost the state's fortunes, prop up the economy, and bring in countless new jobs as businesses and individuals flocked to Kansas to escape the tyrannies of higher-tax states.

Two years later, those rosy predictions have turned to doom and gloom. Next week, when the state legislature kicks off its new session, lawmakers will face a daunting budget deficit that will require either overturning Brownback's tax cuts or shaving hundreds of millions from the state's budget. A recent string of court cases mandating increased funds for education will make that job trickier. Thanks to Brownback's efforts to transform the state into the Koch brothers' dreamland, Kansas is now mired in a fiscal disaster.

Unlike the federal government, which can leave deficits on its books, state governments have to keep their budgets balanced from year to year. Throughout 2014, monthly tax revenues in Kansas came in far below expectations. Tax revenue in December alone came in $15 million below target.

GOP math is hilarious… in a tragic, people starving, government shutting down sorta way.

We noticed that your failed to cite the source of your article.

 

[Luddly Neddite]

Kansas Is Totally Screwed

In 2012, when Kansas Gov. Sam Brownback first pitched his plan to drastically slash the state's income taxes, he promised "a shot of adrenaline into the heart of the Kansas economy." Brownback brought in Arthur Laffer, Ronald Reagan's trickle-down economics guru, to help sell the idea that the cuts—which zeroed out taxes for 200,000 businesses and slashed rates for top earners—were guaranteed to boost the state's fortunes, prop up the economy, and bring in countless new jobs as businesses and individuals flocked to Kansas to escape the tyrannies of higher-tax states.

Two years later, those rosy predictions have turned to doom and gloom. Next week, when the state legislature kicks off its new session, lawmakers will face a daunting budget deficit that will require either overturning Brownback's tax cuts or shaving hundreds of millions from the state's budget. A recent string of court cases mandating increased funds for education will make that job trickier. Thanks to Brownback's efforts to transform the state into the Koch brothers' dreamland, Kansas is now mired in a fiscal disaster.

Unlike the federal government, which can leave deficits on its books, state governments have to keep their budgets balanced from year to year. Throughout 2014, monthly tax revenues in Kansas came in far below expectations. Tax revenue in December alone came in $15 million below target.

GOP math is hilarious… in a tragic, people starving, government shutting down sorta way.

If the willfully ignorant fox audience gets their way, we will be renaming the country to Not-United State of Koch.

Oh and we'll be renaming all the states Monsanto.

 

[initforme]

Please describe how cutting taxes for the wealthy creates jobs. We're waiting.

 

[bripat9643]

A recent string of court cases mandating increased funds for education

lol

Yeah, the court mandated that Kansas city spend more on educating its children than Obama spends educating his kids at Sidwell Friends.

 

[Luddly Neddite]

Kansas Is Totally Screwed

In 2012, when Kansas Gov. Sam Brownback first pitched his plan to drastically slash the state's income taxes, he promised "a shot of adrenaline into the heart of the Kansas economy." Brownback brought in Arthur Laffer, Ronald Reagan's trickle-down economics guru, to help sell the idea that the cuts—which zeroed out taxes for 200,000 businesses and slashed rates for top earners—were guaranteed to boost the state's fortunes, prop up the economy, and bring in countless new jobs as businesses and individuals flocked to Kansas to escape the tyrannies of higher-tax states.

Two years later, those rosy predictions have turned to doom and gloom. Next week, when the state legislature kicks off its new session, lawmakers will face a daunting budget deficit that will require either overturning Brownback's tax cuts or shaving hundreds of millions from the state's budget. A recent string of court cases mandating increased funds for education will make that job trickier. Thanks to Brownback's efforts to transform the state into the Koch brothers' dreamland, Kansas is now mired in a fiscal disaster.

Unlike the federal government, which can leave deficits on its books, state governments have to keep their budgets balanced from year to year. Throughout 2014, monthly tax revenues in Kansas came in far below expectations. Tax revenue in December alone came in $15 million below target.

GOP math is hilarious… in a tragic, people starving, government shutting down sorta way.

We noticed that your failed to cite the source of your article.

I didn't have any problem clicking on the link.

Why don't you try that?

 

[Luddly Neddite]

Please describe how cutting taxes for the wealthy creates jobs. We're waiting.

Same way trickle down does.

Or will ... Just any day now.

 

[initforme]

Yup..everyone working for low wages is great. And you should be thankful for the job...lol

 

[initforme]

Tickle down is an abject failure.

 

[bripat9643]

Please describe how cutting taxes for the wealthy creates jobs. We're waiting.

Same way trickle down does.

Or will ... Just any day now.

Cutting government spending is what creates jobs. Ever person that goes on the government payroll is responsible for two people in the private sector losing their jobs.

 

[Dana7360]

Kansas Is Totally Screwed

In 2012, when Kansas Gov. Sam Brownback first pitched his plan to drastically slash the state's income taxes, he promised "a shot of adrenaline into the heart of the Kansas economy." Brownback brought in Arthur Laffer, Ronald Reagan's trickle-down economics guru, to help sell the idea that the cuts—which zeroed out taxes for 200,000 businesses and slashed rates for top earners—were guaranteed to boost the state's fortunes, prop up the economy, and bring in countless new jobs as businesses and individuals flocked to Kansas to escape the tyrannies of higher-tax states.

Two years later, those rosy predictions have turned to doom and gloom. Next week, when the state legislature kicks off its new session, lawmakers will face a daunting budget deficit that will require either overturning Brownback's tax cuts or shaving hundreds of millions from the state's budget. A recent string of court cases mandating increased funds for education will make that job trickier. Thanks to Brownback's efforts to transform the state into the Koch brothers' dreamland, Kansas is now mired in a fiscal disaster.

Unlike the federal government, which can leave deficits on its books, state governments have to keep their budgets balanced from year to year. Throughout 2014, monthly tax revenues in Kansas came in far below expectations. Tax revenue in December alone came in $15 million below target.

GOP math is hilarious… in a tragic, people starving, government shutting down sorta way.

Business will never hire new people just because they got a tax cut. No business is going to hire someone to stand round all day doing nothing. The only reason a business will hire new people is if there's more work to do than the existing staff can do in a normal work week. If that's happening then that business is having more sales. If that's happening then that business is making more money and the last thing that business needs is a tax cut. The increased revenue from sales will usually more than pay for the cost of another employee.

No business is going to move to a state that doesn't have the proper infrastructure and maintain it or doesn't have the properly educated population to do the work. No amount of tax cuts will bring business there if there isn't a customer base, people educated enough to do the work and infrastructure to get their goods to market.

Kansas has shifted the tax burden to the working people of their state. They zeroed out taxes for small business but the employees pay taxes. The cuts in taxes for the rich owners of those business will never create jobs. They will only create debt and deficits.

If Kansas doesn't do something soon they will end up bankrupt.

I don't know about anyone else but I sure don't want to bail them out. Let those rich businesses in Kansas start paying their fair share of the taxes and they won't have any budget deficits.

 

[initforme]

They have been cutting gov't spending and the jobs still aren't showing up. So privatize everything and pay everyone $25 thousand per year and you would actually call that good. Right? 25 thousand is some kind of job one shows up for and does the very minimal. But you think that the employee should be thankful right?

 

[PredFan]

Please describe how cutting taxes for the wealthy creates jobs. We're waiting.

It's quite simple, even for a retard to understand. First, you have to clarify; it's cutting taxes for businesses not "the wealthy".

You allow companies, businesses and corporations to keep more of the money they make, they can put it into growing their businesses. when they grow their businesses, they will need to hire more people. Hence, more jobs. This doesn't mean that a company HAS to put that money into growing businesses, but that is how the theory goes.

Now, explain how increasing taxes on a business creates more jobs.

 

[initforme]

They did cut taxes on business... where are the jobs? Perhaps if taxes on a company are lowered, the company should be FORCED to create more jobs. If they don't, pull the tax cut. Perhaps you are the retard. Why is the state in such bad shape if taxes have been cut then? Kansas is a loser state.