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re: Kansas tax cuts have been an unmitigated disaster
Posted on 7/22/14 at 7:25 pm to HailHailtoMichigan!
Posted on 7/22/14 at 7:25 pm to HailHailtoMichigan!
That's in no way proof that the conservative tax cut policy doesn't work. Louisiana and Florida are examples of it's success.
There are a few reasons it didn't work here:
1. They cut too much without cutting some spending.
2. Economic growth doesn't happen quickly..takes a few years to really take effect, especially in a piss poor national economy and federal regulations being too stiff.
3. Kansas has very little to attract new businesses, even with a favorable tax policy to business. Kansas fricking sucks....and people aren't gonna grow more corn there because taxes are lower
There are a few reasons it didn't work here:
1. They cut too much without cutting some spending.
2. Economic growth doesn't happen quickly..takes a few years to really take effect, especially in a piss poor national economy and federal regulations being too stiff.
3. Kansas has very little to attract new businesses, even with a favorable tax policy to business. Kansas fricking sucks....and people aren't gonna grow more corn there because taxes are lower
2
Posted on 7/22/14 at 7:28 pm to deltaland
quote:
3. Kansas has very little to attract new businesses, even with a favorable tax policy to business. Kansas fricking sucks....and people aren't gonna grow more corn there because taxes are lower
People that say shite like this are very short sighted IMO. There are great places to live in any state, and Kansas City is becoming a thriving place to live from all accounts I've read.
People say the same shite about Louisiana, Alabama, Mississippi, Ohio, etc. and it's not true either.
Posted on 7/22/14 at 7:43 pm to deltaland
quote:
That's in no way proof that the conservative tax cut policy doesn't work. Louisiana and Florida are examples of it's success.
Also the federal government already taxes far too much of people's income so the states' don't have much tax cutting freedom. It's not exactly apples to apples.
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