Sunday, November 12, 2017

Kansas ‘Real Live Experiment’ in Trickle-Down Tax Cuts

https://www.americanprogress.org/issues/economy/reports/2017/11/02/441822/kansas-real-live-experiment-trickle-tax-cuts/
"This should come as no surprise since Stephen Moore, Larry Kudlow and Arthur Laffer—all of whom consulted with Trump on his campaign tax plan—helped to design the 2012 Kansas tax plan. And when Brownback was in Congress, Paul Ryan—now the speaker of the House—served as his legislative director. In addition to the same fairytale claims of economic and job growth, which are illustrated by the quotes above, the actual tax plan passed by the Kansas Legislature looked similar to what Trump and congressional GOP leaders now propose."