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Kansas Supreme Court gives state until June 30 to properly fund public schools
#76
(06-06-2016, 06:28 PM)JustWinBaby Wrote: No it doesn't.  Read what I quoted - there are many moving parts and factors in economic success.  To say tax cuts failing to generate growth in KS somehow obliviates the widely held economic view that higher taxes = lower growth is simply wrong.

 

But that's the problem. Brownback and a lot of other Republican lawmakers have said that's the only cure anyone needs: cut taxes.

I agree with you, there's more to it than that. But since the late 90s we've heard repeatedly that the only way to a level playing field of economic prosperity is to cut taxes. That's all you've got to do. Cut taxes and businesses will hire more, top earners will spend more on shoes and cars, crime will disappear, there will be less devaluing of the dollar, investments will increase, cancer will be cured. It's amazing what will happen.

But it didn't when we cut taxes and increased spending on a national level, and it's not working on a smaller level where they've tried to reduce taxes, and subsequently spending as their income (taxes) continues to shrink.

There are loads of scholarly pieces and research about how cutting taxes as part of an economic approach works wonders, but it's very rarely been the case when tried in the real world, at least not in a country with an economy as consumer driven as ours.
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RE: Kansas Supreme Court gives state until June 30 to properly fund public schools - Benton - 06-06-2016, 06:56 PM

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