cooltigger21 0 Posted April 25, 2015 Share Posted April 25, 2015 When Sam Brownback cut taxes he was vilified regularly. I remember one or two posters on this board that just lit into him. Well seems he has the last laugh. Economic activity is up and they even have a shortage of workers for some areas. http://news.investors.com/ibd-editorials/033115-745978-kansas-job-creating-machine-shows-that-tax-cuts-work.htm Link to comment Share on other sites More sharing options...
icanthearyou 4,462 Posted April 25, 2015 Share Posted April 25, 2015 Typical political op ed. In reality, Kansas has experienced modest growth in the past six months according to BLS. However, the growth rate for the U.S. as a whole is slightly higher and, if you consider the budget deficit in Kansas, you have to wonder about the costs of that modest growth. http://www.bls.gov/eag/eag.ks.htm Link to comment Share on other sites More sharing options...
AUTUmike 79 Posted April 25, 2015 Share Posted April 25, 2015 Cutting taxes is one of the wise things to do when the economy is stagnating (though that should be tempered at the state and especially local levels). But there are two issues with Brownback's plan. First, we have robust empirical evidence that spending increases serve a much better function as economic stimulus than do tax cuts. And second, tax cuts will be drastically more effective for low- and middle-income individuals since they will actually spend the vast majority of their savings. Link to comment Share on other sites More sharing options...
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