Thursday, February 12, 2015

Tea Party’s Disastrous Tax Cut Experiment Comes To Ohio

http://thinkprogress.org/economy/2015/02/12/3622262/ohio-small-business-tax-cut-kansas/
"Similarities and contrasts with Brownback’s recent catastrophe aside, the broader trade-off in public priorities that underlies Kasich’s proposal has parallels in other states where GOP governors are looking to make a splash. In Louisiana, Arizona, Wisconsin, and elsewhere, heads of state are proposing 2015 budgets that would shrink the pool of money available for public services in order to put more money into wealthy interests’ pockets. Wisconsin Gov. Scott Walker (R) has proposed to use public resources to finance a new NBA stadium for the billionaire owners of the Milwaukee Bucks, alongside huge cuts to the state’s public universities. Louisiana Gov. Bobby Jindal (R) wants to cut hundreds of millions of dollars from the state’s higher education system while refusing to shrink the state’s generous tax breaks to industry amid broader budget trouble. And in Arizona, Gov. David Ducey (R) has proposed almost $400 million in public spending cuts while also asking taxpayers to spend $5 million building a new for-profit, privately owned prison."