More liberal distortion and falsehood about a red state whose economy is doing very well (better than the national average in most categories).
Since a state cannot print money out of thin air and has limited borrowing power, the only way a state can address a budget deficit is to cut spending or raise taxes or a mix of both.
And, by the way, the final bill passed by the Senate DOES increase taxes on business owners, but not by the amount the Democrats wanted. Brownback, to his credit, said he would veto any bill that raised taxes on businesses by more than $24 million in any given year.
The bill also includes the following provisions, which you would never guess to read the hit-job OP:
- A one-time tax amnesty to run from September 1 to October 15 for any taxes unpaid as of December 31, 2013, expected to generate $30 million.
- Exempts low-income individuals from the income tax, defined as single filers with income below $5,000 and joint filers with income below $12,500. Expected to reduce revenues by $19 million when it takes effect in FY 2017.
- Requires voter approval for cities and counties to spend property tax revenues above the rate of inflation, unless the funds were used for new infrastructure, certain bonds and interest, special assessments, costs associated with federal or state mandates, or payments of judgments.
The claim that the Brownback tax cuts have not stimulated the KS economy is a lie and has been refuted on this board. In most categories--including unemployment, cost of living, growth--the state's economy is doing better than the national average.But, liberals, such as the OP's author, simply ignore this fact and focus on the state government's condition, because in their eyes the government is the state, and just never you mind if the state itself is doing very well economically, even though the state government is running a deficit because the legislature won't cut spending down to the level of revenue.
Since the Democrats in the legislature have vowed to block further spending cuts, and since a few liberal Republicans have said they would help block further cuts, the only choices are to keep running a deficit or raise taxes. So Brownback got the best deal he could get. Meanwhile, the state's economy is doing very well:
Kansas Conservative Economic Policies and Austerity Some Facts US Message Board - Political Discussion Forum