The comeback state of 2019: Kansas economy rebounds from tax-cutting disaster
Kansas is running a budget surplus this year, and it is a big deal for the state, which saw revenue vanish in a disastrous tax-cutting experiment by former Gov. Sam Brownback. Kansas made the biggest move up CNBC's 2019 Top States for Business...
Bruce Bartlett
156d ago
Kansas raises taxes and its economy booms--the exact opposite of what Art Laffer, Steve Moore and other right-wing economists predicted.
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Kansas has now tested GOP tax orthodoxy twice. First it slashed taxes, promising an economic miracle; all it got was a huge deficit. Then it revoked the tax cuts, which the right says should have been a disaster; instead, the budget is back in surplus 1/
The comeback state of 2019: Kansas economy rebounds from tax-cutting disaster
