Kansas Tried Trump's Tax Plan -It Didn't End Well

[Badger]

Yes cause the state taxes were already too low when they cut them so according to the laffer curve they would lose revenue if they cut taxes further.

Just like it is nationally -it's no wonder no one except the usual plutocratic suspects wants those tax cuts.

You must be logged in to read this quote.

Is that your excuse?  Seriously?

Yes it is an excuse cause Kansas is in the middle of nowhere and thats a huge reason why its not a great economic state. You wanna see a successful implementation of GOP economic policies state wise , here a few examples: Texas, Ohio, Florida for example are doing great .


Also corporate tax cuts do not make the rich directly richer, because the definition of a corporate tax is a tax on the profits of a company(http://www.businessdictionary.com/definition/corporate-income-tax.html). So say the tax rate is cut to 25%, and the CEO of the corporation uses that extra money to raise his and the members salary that extra money they gave to themselves is taxes at the income level not the corporate level.

Yes the stock value of the company may increase , but thats a good thing , not a bad thing.

Ohio? Ohio??

Again, genius, compare Alaska and Wyoming for examples.

Incidentally, Nevada is also pretty out-of-the-way geographically too.

Ohio is more representative of the US as a whole then Kansas,Alaska,or Wyoming .

But hardly doing great, as you ignorantly put it.

You guys have a pretty good GDP per capita and a solid ~5.0% unemployment rate. I think the main problem there in Ohio is your opioid epidemic. Until you guys overcome that, you will have a lot of problems.

We are middle of the pack in terms of the national economy, and still recovering from the hit heavy industry took during the Great Recession. And yes, part of my objection to describing Ohio's economy is great is indeed the opioid epidemic and it's impact on the state economy at Large.

[RINO Tom]

Per the topic, I would rather see the GOP focus on a fiscal plan over the next ten years where we can reduce the debt while not RAISING taxes.  Lowering them doesn't seem like the right move right now.

[OSR stands with Israel]

Per the topic, I would rather see the GOP focus on a fiscal plan over the next ten years where we can reduce the debt while not RAISING taxes.  Lowering them doesn't seem like the right move right now.

I don't think the GOP was irresponsible in cutting taxes, but they were being irresponsible when they keep raising military spending.



There would have been a surplus in 2007 if it wasn't for the huge increases in military spending in his time in office