Here is the educational article of the day regarding taxes... The Laffer Curve http://www.forbes.com/sites/danielm...-idea-even-if-they-generate-more-tax-revenue/
Kansas is not a smoking ruin. Far from it. According to a list compiled by 24/7 Wall Street at the end of 2013, Kansas is the 11th best run state in the country. Based on budgets, debt, unemployment, household income, and percent below poverty line, the state ranks in the top 22% of all states in the country. How can this be called a smoking ruin by any standards? If one would like to see states that are real smoking ruins, look at the three worst in the country. Illinois, New Mexico, and California. They're run by the left and these three states are truly financial basket cases. They're all huge tax and spend states, and destroying states and turning them into smoking ruins is what these policies do best. Taxing the living daylights out of it's citizens and throwing the money away on boondoggle investments and bloated public unions will be the death of any state that attempts to replicate what these three worst are doing. http://247wallst.com/special-report...run-states-in-america-a-survey-of-all-50-2/3/ http://finance.yahoo.com/news/best-worst-run-states-america-030403958.html
From the above Forbes article: "Yes, the politicians usually can collect more revenue, but the concomitant damage to the private sector is very large and people have lower living standards." But, Source:Taxation, productivity and prosperity So all those countries to the right of the U.S. have a lower standard of living?
Officials: Kansas Faces $279M Budget Gap By July TOPEKA, Kan. (AP) — Kansas will face a $279 million budget shortfall by July, far worse than state officials had thought before a new revenue forecast Monday that will force Gov. Sam Brownback and legislators to consider spending cuts. The state will also be required to close an even bigger additional gap — $436 million — during the following 12 months, according to the new forecast. Aides to the Republican governor, who narrowly won re-election last week, said his administration will work in the next weeks to find savings while trying to protect funding for schools and core programs. But a Democratic leader called the new projections "devastating."
And yet they re-elected him. So I can't work up much sympathy. I've wondered for years just how bad it has to get before people begin to examine their self-interest rather than be led around by the nose. We may be closer to finding out.
How do you fix your complete cluster-f@$% ... you raise taxes higher than ever. Kansas governor seeks tax increases to address budget woes Brownback proposes slowing income tax cuts, raising tobacco, liquor taxes to balance budget http://finance.yahoo.com/news/kansas-governor-seeks-tax-increases-221839354.html
Kansas Is Totally Screwed Sam Brownback's tax cuts are wrecking the state's budget. http://www.motherjones.com/politics/2015/01/sam-brownback-kansas-tax-cuts-failing