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TexasTowelie

(117,464 posts)
Tue Jan 3, 2017, 04:46 PM Jan 2017

Kansas supply-side tax policy at center of legislative budget debate

Gov. Sam Brownback views the agenda of moderate Republican and Democratic legislators calling for reconsideration of Kansas’ supply-side tax cuts as ill-conceived economically and poorly timed politically.

Brownback said doubters of the power of supply-side economics should realize that President-elect Donald Trump and U.S. House Speaker Paul Ryan, R-Wisc., expressed interest in taking the Kansas program for stimulating job creation through income tax reduction to a national stage.

“We’ve pioneered this area,” Brownback said in an interview. “I don’t want us to go in a direction that is counter to what much of the country is flowing towards, because they’re targeting the growth of small business and private-sector jobs.”

The second-term governor, identified in 2016 polling as the country’s least-popular chief executive, remains a steadfast proponent of the 2012 elimination of Kansas income tax on owners of more than 300,000 businesses formed as limited liability companies, S corporations or sole proprietorships. In addition, the governor signed a bill deleting the state’s top income tax bracket as part of a now-stalled strategy to zero-out income taxes in Kansas.

Read more: http://cjonline.com/news/local/2017-01-02/kansas-supply-side-tax-policy-center-legislative-budget-debate

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Kansas supply-side tax policy at center of legislative budget debate (Original Post) TexasTowelie Jan 2017 OP
What's Rebl2 Jan 2017 #1

Rebl2

(14,930 posts)
1. What's
Tue Jan 3, 2017, 10:21 PM
Jan 2017

he thinking? How does he not see he has ruined the state with his tax cuts he and his followers put in place! They are in a hole and they just keep on digging deeper. Now he wants to take the rest of us with him down the rabbit hole! What a fool he is. One of the worst Governors the state of KS. has ever had.

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