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Old 04-03-2015, 10:03 PM
CarlV's Avatar
CarlV CarlV is offline
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Join Date: May 2009
Location: SF east bay
Posts: 4,455
Kansas continues to bleed revenue

The party of NO! (common sense)


Quote:
Two weeks after the utterly delusional Gov. Sam Brownback proclaimed in a radio interview that Kansas’ experiment in supply-side economics was “working,” the latest batch of numbers from the Sunflower State further put the lie to the utterly delusional governor’s assertion.

State figures released Tuesday showed that tax revenue came in $11.2 million below expectations in March, the latest in a string of lower-than-expected tax receipts.

Lawmakers must fill a $344 million revenue shortfall by June, and Brownback has moved to plug Kansas’ fiscal hole by slashing education funding, gutting the state’s pension fund, and cutting infrastructure. Additionally, the governor has proposed new sales taxes, which disproportionately impact the poor, in order to proceed full steam ahead with his income tax cuts for corporations and the wealthy.

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Just close all the public schools.


Carl
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