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re: What do you think about Sam Brownback
Posted on 9/30/14 at 3:37 pm to ForeverLurking
Posted on 9/30/14 at 3:37 pm to ForeverLurking
As a Kansas resident, I think the biggest problems with Brownback were:
1. His tax plan didn't go far enough. Colorado still has a lower income tax than Kansas. Kansas' tax rate is still relatively high compared to regional states. I live here, but you need to be creative with tax laws to get businesses to come to a state like Kansas. Brownback, IMO, should have pushed to get rid of the income tax entirely ala Texas and Florida. It would be shortterm pain, but a long-term gain.
2. Speaking of which, Brownback is not a good communicator. When campaigning on his tax plan a few years back, he said it would be a "stimulus" and a shot in the arm to the Kansas economy. Sorry, but tax cuts don't work overnight. It took a few years for Reagan's tax cuts to create an economic boom. It took a few years for Coolidge's tax cuts to work. Tax cuts are not about creating an immediate economic stimulus. It's about creating a long-term business friendly environment. Sam screwed up the message of that badly and it may cost him.
1. His tax plan didn't go far enough. Colorado still has a lower income tax than Kansas. Kansas' tax rate is still relatively high compared to regional states. I live here, but you need to be creative with tax laws to get businesses to come to a state like Kansas. Brownback, IMO, should have pushed to get rid of the income tax entirely ala Texas and Florida. It would be shortterm pain, but a long-term gain.
2. Speaking of which, Brownback is not a good communicator. When campaigning on his tax plan a few years back, he said it would be a "stimulus" and a shot in the arm to the Kansas economy. Sorry, but tax cuts don't work overnight. It took a few years for Reagan's tax cuts to create an economic boom. It took a few years for Coolidge's tax cuts to work. Tax cuts are not about creating an immediate economic stimulus. It's about creating a long-term business friendly environment. Sam screwed up the message of that badly and it may cost him.
This post was edited on 9/30/14 at 3:38 pm
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