29 March 2014

Lessons for Other States from Kansas' Massive Tax Cuts

By Michael Leachman and Chris Mai
March 27, 2014

Tax cuts enacted in Kansas in 2012 were among the largest ever enacted by any state, and have since been held up by tax-cut proponents in other states as a model worth replicating.  In truth, Kansas is a cautionary tale, not a model.  As other states recover from the recent recession and turn toward the future, Kansas’ huge tax cuts have left that state’s schools and other public services stuck in the recession, and declining further — a serious threat to the state’s long-term economic vitality. Meanwhile, promises of immediate economic improvement have utterly failed to materialize.

0 Comments:

Post a Comment

<< Home