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Kansas' Job-Creating Machine Shows That Tax Cuts Work

Discussion in 'News & Current Events' started by Revmitchell, Apr 25, 2015.

  1. Revmitchell

    Revmitchell Well-Known Member
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    Liberals threw every punch they had at Kansas Gov. Sam Brownback last fall, hoping to unseat the Republican for the sin of cutting tax rates to stimulate job growth and economic revival. Guess who's still standing.
    From the New York Times to the Kansas City Star, Brownback's agenda was denounced as a failure and a warning to others of what happens when you try to ride the Laffer Curve and cut taxes.
    Here's what you won't read today: The tax cut is working. Labor Department data show job growth in Kansas tied with Utah as the fastest in the nation in February.
    Back in 2012, Brownback cut the highest income-tax rate from 6.4% to 4.8% with the goal of eventually eliminating the state income tax entirely. The tax on small business income was zeroed out. It was denounced as "trickle-down economics," though the state's unemployment rate is now down to 4.5%.
    "The number one complaint I'm hearing now," Brownback tells us, "is we can't find the workers. That's a good problem to have."....


    ....Wages are also growing in Kansas. Before the tax cut, workers on KC's Kansas side earned 40 cents an hour more than Missouri workers. Now the gap is $3.



    Read More At Investor's Business Daily: http://news.investors.com/ibd-edito...ne-shows-that-tax-cuts-work.htm#ixzz3YK0vjfjb
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  2. church mouse guy

    church mouse guy Well-Known Member
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    Pence should get serious and cut Indiana's taxes the way Brownback has in Kansas. By the way, I supported Brownback for president a couple of elections ago. After baking cakes for [email protected] weddings big-time, Pence might be retired in '16 to pursue his wedding catering business.
     
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