Kansas House passes bill raising taxes to fix Brownback budget hole
Source: Reuters
16 FEB 2017 AT 18:08 ET
The Kansas House on Thursday approved a bill raising taxes to plug state budget holes over the objection of Republican Governor Sam Brownback.
The governor on Wednesday blasted the measure, which passed the House in a 76-48 vote, claiming it would pummel the pocketbook of middle-class families.
The legislation would raise individual income tax rates and end a business tax exemption, raising revenue by an estimated $590 million in fiscal 2018, according to a legislative analysis.
Tax cuts passed by the Republican-controlled legislature since 2012 have punched holes in the states budgets as revenue failed to meet targets for months. S&P this month revised the outlook on Kansas AA-minus credit rating to negative from stable citing structural budget pressures.
Read more: http://www.rawstory.com/2017/02/kansas-house-passes-bill-raising-taxes-to-fix-brownback-budget-hole/
SharonAnn
(13,772 posts)He was going to demonstrate how tax cuts spurred revenue growth. Guess what, these didn't.
And other states have built up surpluses.
DBoon
(22,363 posts)nt
PsychoBabble
(837 posts)The Kansas House on Thursday approved a bill raising taxes to plug state budget holes over the objection of Republican Governor Sam "No, I swear, REALLY, this insane no-Biz-tax scheme will really, really, work" Brownback.
leanforward
(1,076 posts)I've been following the Kansas/Brownback catastrophe, what caused the legislators to change? Not the legislative part. Trickle does not work? My my!
paleotn
(17,912 posts)...a f'ing joke.
Of course, being Repubs, they probably raised rates on the bottom brackets and didn't touch the top ones.
msanthrope
(37,549 posts)Marthe48
(16,949 posts)and since the grade school dropouts who vote for them don't know what a life plan is, continue to vote against their own best interests. Because they don't even know what their best interests might be.
Massacure
(7,521 posts)What are the odds Brownback vetos the bill?
hibbing
(10,098 posts)Along with my idiot inherited multimillionaire governor who is trying to do the same thing to my state that Brownback did in Kansas. Tax cuts for the 1% and budget cuts for government services.
Peace
StevieM
(10,500 posts)hibbing
(10,098 posts)He's a colossal dbag and the unicameral is now the most partisan it has ever been for supposedly being a non-partisan body. The nutjobs have taken over.
Peace
TomCADem
(17,387 posts)...national?
Plucketeer
(12,882 posts)are dumber than a box of rocks. They deserve every step backwards they endure!
EJC74
(6 posts)I'm amazed the KS legislature did this, and by a large margin. Maybe they finally wised up. As a Missourian, I've watched this Kansas dumpster fire very closely. Maybe the citizens finally spoke up. Unfortunately, Missouri is now headed toward the Kansas-like dumpster fire.
Ligyron
(7,631 posts)Great book.
Scewing the state and the people and somehow blaming it on Democrats. And they believe it.
demtenjeep
(31,997 posts)it is a direct result of brownstain and his horrible policies that our district had to close 3 schools and consolidate a lot of programs and gutted mine in the process