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6/07/2017 3:47 pm  #1


Kansas Republicans Give Up on Trickle Down

Kansas Tax Cut Experiment Comes To An End As Lawmakers Vote To Raise Taxes

Kansas lawmakers have voted to roll back a series of major tax cuts that became an example for conservative lawmakers around the country but didn't deliver the growth and prosperity promised by Gov. Sam Brownback, a Republican.

A coalition of conservative Republicans, some of whom voted for sweeping tax cuts in 2012 or defended them in the years since, sided with moderates and Democrats to override Brownback's veto of a $1.2 billion tax increase.

The law to increase taxes over the next two years comes as legislators seek to close a projected $900 million budget gap for that same period and bolster funding for K-12 schools under a Kansas Supreme Court order.

"It's a huge vote," said state Rep. Steven Johnson, a Republican and chairman of the House tax panel, adding that legislative leadership had explored many routes to find a tax solution that would gain sufficient support in both chambers. "It's a huge vote for looking for an option for Kansas among limited options."

Floor debates on taxes ran late into Tuesday evening, but in the end, 27 senators and 88 representatives rendered Brownback's veto — which had been handed down just hours earlier — irrelevant.

Passage of the tax bill brings to an end signature tax policies of the Brownback administration. Most of those policies were part of a 2012 law that exempted owners of more than 300,000 small businesses and became a political flashpoint in recent elections.

With a tax plan complete and new school finance formula sent to the governor, the Legislature still must agree on the state budget.

It was the second time this session the governor sought to block legislation that would unravel 2012 tax changes and raise revenue through a three-bracket income tax structure. The first time, in February, lawmakers fell three votes short in the Senate of pushing past his opposition.

The veto nearly survived this time, too: Though the House exceeded the override threshold by four votes, the Senate results came in at exactly the minimum needed.

State Rep. Barbara Ballard, a Lawrence Democrat, described feeling tremendous relief, and said she believes many Kansans will share that sensation.

"Now we have a source of money. Then we can work our way out of the hole that we're in," she said. "It's almost like you can breathe."

http://www.npr.org/2017/06/07/531886684/the-kansas-tax-cut-experiment-comes-to-an-end-as-lawmakers-vote-to-raise-taxes


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

6/07/2017 4:42 pm  #2


Re: Kansas Republicans Give Up on Trickle Down

The trick of trickle down ! 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

6/13/2017 11:27 am  #3


Re: Kansas Republicans Give Up on Trickle Down

About time.
The problem is that "trickle down" will never be discredited so long as the filthy rich exist.

It's like the marijuana issue. You can have a million peer reviewed study tauting its benefits and it still won't be legalized!

 

6/13/2017 11:57 am  #4


Re: Kansas Republicans Give Up on Trickle Down

Some bad ideas seem to have a thousand lives.
Trickle down does not work.
But, it is difficult to accept something if your wealth depends, in part, on your not accepting it.

Last edited by Goose (6/13/2017 11:59 am)


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
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