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Katashi_itto

(10,175 posts)
Wed May 14, 2014, 08:22 AM May 2014

Tax revenue in April dropped 45 percent from a year ago, the Kansas Department of Revenue announced

Pulling Back the Curtain on Sam Brownback's Kansas Financial Meltdown

Let's review, shall we? First there was the bad news from Kansas:

TOPEKA -- Tax revenue in April dropped 45 percent from a year ago, the Kansas Department of Revenue announced Wednesday.
The state's revenue for the year is $92.9 million less than projected earlier this month....
Personal income tax revenue has decreased by $508 million compared with this point last fiscal year. That category also accounted for the discrepancy between Wednesday's numbers and estimates released earlier in the month. Income tax revenue was $89.6 million lower than expected.


This huge and escalating shortfall occurred after Kansas's right-wing Republican legislature and governor, Sam Brownback, enacted huge and foolish tax cuts, the result of which was--as Senate Minority Leader Anthony Hensley (D-Topeka) explained--to transfer the tax burden from the rich to the middle and lower classes. The revenue shortfall also led Moody's to downgrade Kansas's debt, something that will cost its citizens even more money over the coming years as they borrow to make up the lost revenue.

So, are Brownback and his fellow Republicans willing to say, "Oops, my bad!"?
(Three Guesses)
http://www.huffingtonpost.com/ian-reifowitz/sam-brownback-kansas_b_5310331.html
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Tax revenue in April dropped 45 percent from a year ago, the Kansas Department of Revenue announced (Original Post) Katashi_itto May 2014 OP
Heck no. Brownnose blames Obama. Archae May 2014 #1
Brownback and his fellow Republicans won't say oops, because they know.. tridim May 2014 #2
Agree, Kansans will continue to vote against their interests even after they start starving. Katashi_itto May 2014 #3
Same here in Oklahoma madokie May 2014 #4
Same here in Missouri lobodons May 2014 #19
"If only those damn poor people and the damn middle class would work more hours or LiberalArkie May 2014 #5
Benghazi! n2doc May 2014 #6
Makes you wonder if the people in Kansas know there are states doing well.. mountain grammy May 2014 #7
In the same boat in NC essaynnc May 2014 #8
Simple answer to that raise issue packman May 2014 #14
Well, the answer is easy. toddwv May 2014 #30
Gov Christie also had his state downgraded. I wonder if this can be a campaign theme for '14? okaawhatever May 2014 #9
It's a powerful message, and one we can back with facts. riqster May 2014 #10
I don't know if people would understand, but the Republicans have done nothing more than force okaawhatever May 2014 #12
They are working for themselves and their party. riqster May 2014 #15
Hey Kansas, you know who has 100 million more in taxes this year? Colorado NightWatcher May 2014 #11
. KansDem May 2014 #13
Yes please. Ed Suspicious May 2014 #18
"huge and foolish tax cuts" Lex May 2014 #16
Republican, haters of government, cannot be trusted to run government. Ed Suspicious May 2014 #17
I live in Kansas City blur256 May 2014 #20
What universe are these Republicans living in? EEO May 2014 #21
Kansas and other states run by Teapublican extremists are verging into some real, actual fiscally Ikonoklast May 2014 #22
He must be a Koch addict corkhead May 2014 #23
Here in Minnesota there was a huge surplus. Guess who controls the government? The Velveteen Ocelot May 2014 #24
Well this Brownnose asshole needs to raise taxes on the poor. santamargarita May 2014 #25
"YAY! WE CUT TAXES! (The state's going bankrupt . . .) " tclambert May 2014 #26
What? How can that be? progressoid May 2014 #27
This is how you make government "not work". Old and In the Way May 2014 #28
Baggers bound and determined to turn America into a third-world country bullwinkle428 May 2014 #29
Surely They Had Projections During The Legislative Process DallasNE May 2014 #31

tridim

(45,358 posts)
2. Brownback and his fellow Republicans won't say oops, because they know..
Wed May 14, 2014, 08:33 AM
May 2014

that the same, non-thinking Kansas voters will keep voting Republican no matter what. It's a reflex.

 

Katashi_itto

(10,175 posts)
3. Agree, Kansans will continue to vote against their interests even after they start starving.
Wed May 14, 2014, 08:37 AM
May 2014

And then they will blame Dems for it.

 

lobodons

(1,290 posts)
19. Same here in Missouri
Wed May 14, 2014, 10:24 AM
May 2014

Even worse, our State legislature overrode our D Gov. on their similar budget. So even with a sane Gov. we here in MO are going to suffer the same credit down grade and budget shortfalls. (eyes roll)

LiberalArkie

(15,708 posts)
5. "If only those damn poor people and the damn middle class would work more hours or
Wed May 14, 2014, 08:56 AM
May 2014

get a third or fourth job, we would not have this shortage of revenue"

mountain grammy

(26,613 posts)
7. Makes you wonder if the people in Kansas know there are states doing well..
Wed May 14, 2014, 09:17 AM
May 2014

without cutting taxes and spending. Brownback good, Obama bad. That's about it.

From the OP's link:
"For the people of those states, and for all 50 of our states, the question is this: When you go into the voting booth, do facts matter? Will you compare the record of conservatism and liberalism, and vote accordingly? It's up to progressives to make the case as strongly as we can. I believe that if we do, the voters will respond"


They have found one new stream of revenue.. stopping cars from Colorado and busting people for pot possession. Yeah, that'll help, going to war with your neighboring states...

essaynnc

(801 posts)
8. In the same boat in NC
Wed May 14, 2014, 09:21 AM
May 2014

Almost exactly. The R. leaders of the state decided on tax cuts, now they're wondering why we have a $450M shortfall this year. And they're promised the teachers a raise that will cost $250M. How's that gonna work out, boys?????

 

packman

(16,296 posts)
14. Simple answer to that raise issue
Wed May 14, 2014, 10:01 AM
May 2014

Don't give it. Let the teachers bitch. Reps will convince the voters that they are educated, liberal snobs who get 3 months off in the summer and make, for the most part, above min. wage anyway.

This whole thing is a ridiculous cycle-Dems get in, have to increase taxes to hold things together, people get pissed with tax increases, vote Dems out, vote Reps in. They reduce taxes, everyone is happy for awhile until bridges fall down and crime goes up. They get pissed, vote Dems in who raise taxes to hold things together, etc., etc., etc.
The circle of politics.

okaawhatever

(9,461 posts)
9. Gov Christie also had his state downgraded. I wonder if this can be a campaign theme for '14?
Wed May 14, 2014, 09:34 AM
May 2014

Vote for Democrats the party of real fiscal responsibility.

okaawhatever

(9,461 posts)
12. I don't know if people would understand, but the Republicans have done nothing more than force
Wed May 14, 2014, 09:47 AM
May 2014

people to "pay more, get less" or even "pay more, get the same" due to their machinations. The gov't shutdown (still one of the biggest hits the gop had to their popularity) the money spent for Benghazi investigations and ACA repeals, and the state gov's having their bond rating downgraded for no good reason, forcing state residents to pay more on interest for state debt. It all tells the same story, the gop is spending money and getting absolutely nothing in return except campaign donations for their dog and pony show.

NightWatcher

(39,343 posts)
11. Hey Kansas, you know who has 100 million more in taxes this year? Colorado
Wed May 14, 2014, 09:40 AM
May 2014

So time to take a big ol bong hit and enjoy the boost to the economy

blur256

(979 posts)
20. I live in Kansas City
Wed May 14, 2014, 10:29 AM
May 2014

And I choose to live on the Missouri side because of this guy. He gives huge tax breaks to corporations enticing them to move to the Kansas side, but he couldn't give a shit about the people actually living there. Oh, and he believes in creationism. He's a real piece of shit in my humble opinion.

Ikonoklast

(23,973 posts)
22. Kansas and other states run by Teapublican extremists are verging into some real, actual fiscally
Wed May 14, 2014, 11:13 AM
May 2014

disastrous territory.

All you tax-hating libertarians, please take note.

This is what you get when you get what you want, economic ruin and destruction of a state's economy.

If these fuckers get bailed out by the taxpayers of my state through the federal government, I would see that as theft. Brownback gave that money to corporations, will want to steal taxes paid by those living in other states to run his state.

The Velveteen Ocelot

(115,659 posts)
24. Here in Minnesota there was a huge surplus. Guess who controls the government?
Wed May 14, 2014, 11:14 AM
May 2014

Democrats, that's who. After they passed a tax increase on the highest earners last year, there's now a $1.2 billion budget surplus, of which $550 million will be refunded to taxpayers.

tclambert

(11,085 posts)
26. "YAY! WE CUT TAXES! (The state's going bankrupt . . .) "
Wed May 14, 2014, 11:25 AM
May 2014

"BUT WE CUT TAXES! (Not your taxes. Taxes for corporations and rich people . . .) BUT WE CUT TAXES!"

Old and In the Way

(37,540 posts)
28. This is how you make government "not work".
Wed May 14, 2014, 11:32 AM
May 2014

Has there ever been an example where drastic tax cuts increase revenue? It's all about privitizing the profits and socializing the risks. This is how "free lunch" Republican economic theory operates.

bullwinkle428

(20,629 posts)
29. Baggers bound and determined to turn America into a third-world country
Wed May 14, 2014, 11:32 AM
May 2014

in my lifetime (I just turned 50).

K&R.

DallasNE

(7,402 posts)
31. Surely They Had Projections During The Legislative Process
Wed May 14, 2014, 12:47 PM
May 2014

Showing a range of outcomes from the proposed legislation so did they simply ignored them?

Did they think businesses would flock to Kansas to take advantage of low tax rates and the would grow the economy and offset the tax losses? Betting on the unknown and unproven is never a good idea.

What does Brownback propose as a correction to this obvious problem, push for those Keystone XL jobs? Those 75 temporary jobs should fix everything.

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