GOP Has to Raise Taxes to Avert Ultra Conservative Disaster
When an extremist took the Governor’s seat in Kansas he vowed to show
the world that cutting taxes would be the perfect policy to stimulate huge
growth in the state. He was wrong, and
now the GOP controlled legislature has
voted to override a veto of that Governor and raise taxes to stem the
fiscal nightmare that the previous policy created.
The Senate and House voted 27-13 and 88-31, respectively,
to override Brownback’s veto. The action took place on the 109th day of the
legislative session and paves the way for lawmakers to wrap up their work
quickly, potentially this week.
The
override represents a blow to the legacy of one of the most unpopular governors
in America ,
amid speculation that he may not serve out his remaining time in office but
instead take a federal position.
Brownback
did not respond immediately to the override votes. The night before, he had
said he would veto and issued a statement: "Senate Bill 30 is a $1.2
billion tax hike, making it the largest in state history. This is bad for Kansas and bad for the
many Kansans who would have more of their hard-earned money taken from them.”
Lawmakers
who supported the bill and the override said the 2012 policy was a mistake that
had drained the state of revenue, leading to rounds of budget cuts and harming
investments in roads and other priorities.
There are two takeaways here. The first is that despite all the evidence
that the tax cutting policy didn’t work the Governor refuses to greet reality
and still insists his policy was correct.
This is faith based economics at its worst. The second is that Trump and his equally inept
cohorts want to duplicate the Kansas
policy at the federal level. Gosh, can anybody guess how that will turn out?
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