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Kansas Knows Who Can Pay for Those Tax Cuts for the Rich ...

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Sal

Sal

... The poorz, of course!

Wealthier Kansans are paying much less in taxes after Republican Gov. Sam Brownback overhauled the state's income tax a few years ago. Brownback and other Republican officials hoped that more generous policies would stimulate the economy, bringing more revenue into the state's coffers and making up the difference on the bottom line.

It didn't work. Kansas's economy has kept expanding at more or less same plodding pace as the rest of the country. And now, according to official estimates released Monday, the state will have at least a $143 million budget shortfall in 2016, and likely more. Lawmakers are looking for a way to plug the hole.

One thing they're not considering: asking the wealthy to chip in. Instead, in a legislature that last week barred welfare recipients from using their benefits to go swimming or watch movies, the proposals that look most likely to succeed are sales and excise taxes that would be paid disproportionately by Kansas's poor and working class.

Poor and working-class Kansans already carry a heavy burden under the state's tax system, compared to people of modest incomes in most other states. Among the fifth of the Kansas population with the lowest incomes, the average person pays 11.1 percent of what they make in state and local taxes, including sales taxes. Among the wealthiest one in every 100 Kansans, the average tax bill is just 3.6 percent of annual income, according to a recent report from the Institute on Taxation and Economic Policy.

People who make less are more vulnerable to increases in sales and excise taxes, since they spend more of their money buying basic goods and services they need to get by. This is especially the case in Kansas, where food is subject to sales tax. Kansans can receive a tax rebate for their food purchases, but those who make nothing or too little to owe income tax aren't eligible. They pay the sales tax on food in full.

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/04/21/vwelfap/

2seaoat



Greed and avarice have no future when the smoke and mirrors expose the policies for what they are.......just more stealing. America is slowly waking up and realizing voting against your economic interests while somebody picks your pocket is boneheaded stupid.

Floridatexan

Floridatexan



http://thedailyshow.cc.com/videos/6sn82w/sam-brownback-s-conservative-kansas-experiment

http://somuchsass.tumblr.com/post/100522171828

KarlRove

KarlRove

Florida cuts taxes and we have a surplus of funds

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