How Tea Party tax cuts are turning Kansas into a smoking ruin

Waiting for a hit piece from the Times on Rodger Clinton, Jr's latest shenanigans and Hugh and Tony Rodham here. ( crickets chirping sound )

And for the record, Jim Brownback's neighbors need to file a civil lawsuit against their prick asshole neighbor if law enforcement won't oblige. Where I come from, Jim would be in hospital for pulling that kind of nonsense.
 
Progress(ive)

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Ricter said:
Ouch.

But maybe this stuff would work at the national level!!
: rolleyes :
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There is a big difference between fiscal policy at the state level and at the national level. The common factor is there is a distinction between mindless economic cluelessness and good policy. Politicians need to learn one from the other.

Cutting taxes at the federal level may be sound policy with reasonable expectations for improved economic results. States have different responsibilities and purview - cutting state taxes and the cutting state spending to the bone will certainly have negative growth consequences.
 
fhl said:
Progress(ive)

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This is how the "wealth tax" will start. It will only apply to a handful of rich people. To start, the tax will only apply to those demonized by the press...hedge fund managers, "wall street traders", big pharma execs, etc...
 
Since Kansas seems to be a point of contention in this elections season on another thread, maybe it would be a good time to look at how Kansas actually compares to other states, instead of just accepting the poppycock blather of the tax and spend crowd.

Ball State University has a dept that rates states in numerous categories and compares them to other states----The Center for Business and Economic Research. So we can see how they rate various states in numerous categories. Low tax vs high tax.
http://conexus.cberdata.org/

Kansas
Click on a category to view state performance in that category

2015 2014 2013 2012 2011 2010 2009
Manufacturing Industry Health A B+ A B+ A A A
Logistics Industry Health B- C C C C B B
Human Capital B- B- C+ B C+ B- C+
Worker Benefit Costs B B+ B B A B B+
Tax Climate C C C C C C C
Expected Liability Gap D C- C- C- n/a n/a n/a
Global Reach C C- C D+ C C B
Sector Diversification C- C C- A D A n/a
Productivity and Innovation C- C C C D D+ D

The seven grades correspond with the seven different years.

New York
Click on a category to view state performance in that category

2015 2014 2013 2012 2011 2010 2009
Manufacturing Industry Health D- F F F D- F F
Logistics Industry Health C C C C C D+ F
Human Capital C- C- C- C- C- C A
Worker Benefit Costs D D+ C- C C D C-
Tax Climate F F F F F F F
Expected Liability Gap C B+ B+ B+ n/a n/a n/a
Global Reach C- C D+ C C C C
Sector Diversification B- B- B- B- C+ B- n/a
Productivity and Innovation C+ C C+ C+ C B+ C-

Illinois
Click on a category to view state performance in that category

2015 2014 2013 2012 2011 2010 2009
Manufacturing Industry Health C C C C C C C
Logistics Industry Health A A A A A A C
Human Capital C C C C C C B
Worker Benefit Costs C C F F D- D- C
Tax Climate D- D- F F D D D
Expected Liability Gap F F F F n/a n/a n/a
Global Reach C+ C+ B B B C A
Sector Diversification C+ C C C C C n/a
Productivity and Innovation B A B+ B C+ B C

Massachusetts
Click on a category to view state performance in that category

2015 2014 2013 2012 2011 2010 2009
Manufacturing Industry Health C- C C C C- C D+
Logistics Industry Health D D D D D D D-
Human Capital C+ C+ B- B- B- B C
Worker Benefit Costs D+ D C B- C C C
Tax Climate D D D D D F D
Expected Liability Gap D B- B C n/a n/a n/a
Global Reach B- B C+ C+ C B C
Sector Diversification D D D D D D n/a
Productivity and Innovation B+ A A A B+ B+ C+


New Jersey
Click on a category to view state performance in that category

2015 2014 2013 2012 2011 2010 2009
Manufacturing Industry Health C- C C- C- C- C- C
Logistics Industry Health B C+ C+ B- B- C+ B
Human Capital C C C+ C+ C+ B C
Worker Benefit Costs C- C- D D D+ D D-
Tax Climate F F F F F F F
Expected Liability Gap F D- D C n/a n/a n/a
Global Reach C+ B- B B C+ B- C
Sector Diversification D- D- D- F F F n/a
Productivity and Innovation B B B- B C B C



It appears to me that, overall, a low tax approach is much better for the economic and business climate than the high tax states have employed. Shaking down tax money from the private sector to shower on public workers and referring to it as an 'investment' really hasn't accomplished anything beyond showering the public sector with money. It has not produced the benefits that are always promised by the tax and spenders.

Gee, whowouldathought?




 
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