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.
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
policy at the federal level. Gosh, can anybody guess how that will turn out?