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Hallelujah, Merrick "believes" state spending can be further cut. It must be nice to have blind faith. I wonder how much time Merrick has spent at state agencies visiting with people who actually know how long the lines are, how many potholes there are, how many kids are in each classroom, etc. unfortunately for me, I have eyes, ears and a brain and know that. There is no meat left on the bone. Any further cuts will excise bone tissue.
The GOP is like the scarecrow...if they only had a brain...
Brownback needs to re-take Budgeting 101. When writing a budget you always over-estimate expenses, under-estimate revenue, and never include theoretical "maybe" money.
The organization where I used to work had a $1 million reserve but is now almost bankrupt because the ED wrote a deficit budget that ate up most of the reserve and made it balance by including revenue from a grant that not only hadn't been awarded, had not even been submitted. Within two years there were three rounds of layoffs, most of the services were been eliminated, and the staff has been cut by 75% from when I worked there.
Brownback is doing the same thing.
The KS unemployment rate is approximately 5.5%. The national average is 7.9%.
Our economy is strong and positioned to become stronger.
States with no income tax (Florida, Texas, Tennessee, for example) tend to grow faster, create more jobs and have fewer people depending on government for their existence.
The gloom and doom comes from high tax States like California.
Facts are stubborn things. This is a debate worth having. Let's look at other States and study their experiences before declaring defeat. So far, it appears those States that move to lower income taxes do a better job of balancing their budgets and create more and better jobs. Which, of course, leads to a broader and deeper tax base.....which keeps governments operating.
The Richest Pay Half The Effective Tax Rates Of The Poor In State And Local Taxes
January 30th, 2013 11:54 am
"Trickle-down economics has trickled down to the states.
Virtually every state in the union takes a greater share of income from working families than the rich, according to a new report from the Institute on Taxation and Economic Policy (ITEP).
The report’s stark conclusion finds that state and local tax rates are “fundamentally unfair,” creating a hindrance to economic growth for the middle class that has been exacerbated by states moving away from progressive income taxes and toward consumption taxes.
“There’s a good chance it’s the so-called ‘takers’ who spend so much on necessities that they pay an effective tax rate of 10 or more percent, due largely to sales and property taxes,” Matthew Gardner, executive director of ITEP and an author of the study, said.
Texas, which is often called the “low tax state,” ranks among the states that have the highest taxes on the poor.
The bottom 20 percent pays 6 times the rate of the richest in Washington State, Florida, South Dakota, Illinois, Texas, Tennessee, Arizona, Pennsylvania, Indiana, and Alabama. ITEP called these states the “Terrible Ten” Most Regressive States.
Deductions and the practice of taxing capital gains at a lower rate make state tax codes more regressive. Policies like the earned income tax credit, which Michigan Republicans just cut, make the code more progressive, but only exist in 24 states and the District of Columbia.
Even where states do have progressive income tax rates, they’re effectively shaped to put the burden on working families. “Alabama is a good example of a state with nominally graduated income tax rates that don’t mean much in practice,” the report states. “The state’s top tax rate of 5 percent is not much lower than Louisiana’s top rate — but the top rate kicks in at just $6,000 of taxable income for married couples. ”"
Hope it's not as bad as I think that it's going to be .
I share your optimism but it will get much worse.
Welcome to Kansas...........land of the dark ages .
I don't think that allot of the folks that voted for Sam can imagine the mess that he's making for them, long term .
Truthfully, the cat is out of the bag & I can't stop their best thinking from coming home to be what it will be .
and now the portion/proportion the poor pay with income tax is higher, while the higher income portion has shrunk. when this was pointed out to sam he countered that the social services net would be enhanced to help with that.
hmm. what do the low income earners need most to get out of the low income situation? certainly not less income and more social services. that's supposed to be the leftist trap isn't it?
pathetic man, that sam brownback. some of us could be motivated to leave the state out of embarrassment alone.
GREAT JOB SAM! I am with you all the way. I left Kansas because of it's income tax, high Ad Valorem and property taxes. Reward work and production and you will get more of it. Punish the producers and they will leave or go on strike. Read Ayn Rand...Study history...The people that oppose you are lazy, ignorant, stupid or all three. That's 90 percent of what you see above.
Reap it, Kansans. We are all at fault for allowing this guy and Wingnut crew to run our state government.
Ladies and gentlemen, next up on the Kansas legislative budgetary guillotine agenda: The Kansas Legislative Research Department. Surely private sector economists can do a better job with their projections and probably for less money, too. Perhaps there's someone in Wichita or Florida that can help...
"Republicans downplayed the deficit projection, although they also indicated Brownback's proposal would be altered"
MORE BS beyond belief. Brownback does not give a hoot for other republicans nor is he going to sign off on any alteration. His and ALEC's agenda is all that matters. If Brownback must exert executive privilege to get his way he will do so.
Brownback and ALEC have no use for republicans or democrats..... only their agenda.
This is just an absolute train wreck.
"Merrick described the Legislative Research deficit projection as "static" and said it doesn't take into account economic growth that he believes tax cuts will prompt. He also said he believes more state spending could be cut."
If there is going to be economic growth in Kansas, it's going to happen as a result of national economic growth, and that growth is going to be hindered by austerity hysteria, not promoted by it. But he's right-- the Legislative Research deficit projection may be inaccurate because it's static-- it doesn't take into account that the economy will spiral downward because of austerity hysteria, and the deficit would then be much greater than $781.5 million within five years.
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