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Kansas loses patience with Gov. Brownback's tax cuts

faithful_servant said:
Tax cuts are LONG TERM fixes, not short term fixes. They take time and that's what's being whined about. People want their microwave solution that will fall apart at the first sign of trouble, instead of waiting while the slow cooker solution brings about real long term, sustainable results. Like the Reagan tax cuts that gave us both the 1st Bush and Clinton economies. YEs, I know you have 4.098 links to people who will tell you differently, but the fact is that tax cuts help the economy WHEN THEY ARE ALLOWED TO STAY IN PLACE LONG ENOUGH TO HAVE FULL EFFECT.
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Except Reagan INCREASED taxes and or fees for 7 of the 8 years he was in office. He turned a creditor nation into a debtor one. :doh

Playing fast and loose with the safeguards on stockmarket and banking regulations got us the BushI, Clinton and finally BushII economies with a HUGE collapse in the world's economy...

Yeah let's not listen to economists- let's listen to politicians... :peace
 
Mr Person said:
I am sorry that you disagree with reality, but the simple fact is that supply-side thinking is not thinking. It is pure BS.
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Liberals giving advice on how to run a State economy ? Lol......that's rich

If Supply Side doesn't work, what does ? Raising taxes on Bussiness, on wealth creation, heavy regulations and empowering Unions ?

Liberals have no room to criticize Kansas or any other State, not after what they've done to Cities like Detroit, Baltimore, Flint and States like California and Illinois and Michigan.

California lost 9,000 business HQs and expansions, mostly to Texas, seven-year study says - Dallas Business Journal

Illinois drowning in debt....
https://www.illinoispolicy.org/illinois-drowning-in-debt-127-billion-and-counting/California 400 Billion unfunded liabilities

California?s $400 billion debt worries analysts - San Francisco Chronicle
 
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Obviously, Kansas should raise taxes to attract business. The more taxes people pay, the more money they have to spend.

And businesses are eager to expand and hire in a high tax environment because they know everyone is flush with cash.
 
eohrnberger said:
Just hate it when someone has the courage to try and wean themselves off of large and expensive government with the proportional loss of government control, don't you?
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You seriously think before the 2012 tax cuts the bright red conservative state of Kansas was "large and expensive"?

From what I see, I'm drawn to the conclusion that the market is still absorbing this change, and will take some time to adjust to it, and yes, this may be longer than 15 months.
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That sounds like an easy cop out

On the longer term perspective, it would seem to be an advantage to have a smaller, less expensive, more efficient and effective government.
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Another easy cop out

Yes, I also know an anathema to typical socialism.
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This literally has nothing to do with the big scary "s" word
 
faithful_servant said:
Only to people who expect immediate gratification solutions. The greatest supply side effort this country ever made (during the Reagan admin.) led to one of the longest periods of economic prosperity we've ever had. The greatest example of sucking money out of the supply side (Roosevelt's New Deal) led to the worst economic conditions this country has ever seen.
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FS, Reagan's economy was the longest 'peacetime' recovery at the time. Clinton's economy was the longest recovery. Clinton raised rich people's taxes at the beginning. Reagan cut rich peoples taxes and raised mine. then he raised mine again. Reagan tripled the debt and Clinton left a surplus.
 
Vern said:
FS, Reagan's economy was the longest 'peacetime' recovery at the time. Clinton's economy was the longest recovery. Clinton raised rich people's taxes at the beginning. Reagan cut rich peoples taxes and raised mine. then he raised mine again. Reagan tripled the debt and Clinton left a surplus.
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The problem with these debates is that they'll say "yeah, but Clinton's surplus is because of Reagan's tax cuts".

I actually had someone here inform me that the recovery under Obama was due to Bush's tax cuts.



The game is simply to find the last supply-side thing done and credit it with all of the positive things that followed in time and none of the negative things, while simultaneously failing to present any argument in favor of causation.
 
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