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workinclasszero

(28,270 posts) Fri Nov 18, 2016, 12:20 PM Nov 2016

Trump's Tax Plan Sound Familiar? Kansas Enacted a Similar One -- and Its Economy Tanked.

Trump's Tax Plan Sound Familiar? Kansas Enacted a Similar One -- and Its Economy Tanked.
BY TRIBUNE NEWS SERVICE | NOVEMBER 17, 2016 By Kelsey Ryan

Slow growth. Tax cuts. Sound familiar?

President-elect Donald Trump's proposed tax plan for the nation is similar to Gov. Sam Brownback's self-proclaimed "real-live experiment" tax plan enacted in 2012.

Both plans include a rate cut for individual income tax and cuts for business income, analysts say.

Kansas faces a nearly $350 million budget gap for the current fiscal year, which runs through June. The budget gap has forced the state to make cuts to most state agencies, the state pension system, highway projects and universities.

In September, the Federal Reserve Bank of Philadelphia ranked Kansas 50th in the nation for employment growth, manufacturing hours worked, unemployment rate and wage growth.

http://www.governing.com/topics/finance/tns-trump-tax-kansas.html

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Trump's Tax Plan Sound Familiar? Kansas Enacted a Similar One -- and Its Economy Tanked. (Original Post) workinclasszero Nov 2016 OP

Democrats always wind up spending their entire admins cleaning up Republican messes Jersey Devil Nov 2016 #1

Took 8 years for the average American idiot voter workinclasszero Nov 2016 #2

Don't forget we will have Mike Pompeo Rep from Kansas as CIA director katmondoo Nov 2016 #3

But if you'll just believe and close your eyes.... Turbineguy Nov 2016 #4

Jersey Devil

(9,874 posts)

1. Democrats always wind up spending their entire admins cleaning up Republican messes

Reply to workinclasszero (Original post)

Fri Nov 18, 2016, 12:28 PM

Nov 2016

Post-Reagan, post-Bush, and it will be no different, post-Trump. Then when we really get a chance to get things going they elect Republicans again to repeat the cycle.

workinclasszero

(28,270 posts)

2. Took 8 years for the average American idiot voter

Reply to Jersey Devil (Reply #1)

Fri Nov 18, 2016, 12:40 PM

Nov 2016

to forget the total destruction of the economy in the Bush years.

Trump will remind them again what ALWAYS happens when the republicans control the government.

War, recession/depression..every damn time!

This time with the total annihilation of Medicare, Medicaid, ACA and social security as a bonus!

katmondoo

(6,457 posts)

3. Don't forget we will have Mike Pompeo Rep from Kansas as CIA director

Reply to workinclasszero (Original post)

Fri Nov 18, 2016, 12:51 PM

Nov 2016

Turbineguy

(37,362 posts)

4. But if you'll just believe and close your eyes....

Reply to workinclasszero (Original post)

Fri Nov 18, 2016, 01:35 PM

Nov 2016

everything will be peachy!

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