Monday, October 06, 2014


Gov. Brownback cut taxes on the wealthy and as usual, tax revenues plummeted, causing large cuts in programs that help the Middle & Lower classesPaul Krugman has written and spoken about the idiocy of supply-side economics for years but the conservative true believers still think like Josh Hammer at Red State:
The economics here happens to be right, from a pro-growth perspective; as a 2012 IMF paper by Santiago Acosta-Ormaechea and Jiae Yoo demonstrated, income taxes are generally correlated with slower economic growth than are both property taxes and sales taxes.  Personally, I would love to see a wholesale repeal of the 16th Amendment and the elimination of the IRS as a federal agency, coupled with the implementation of the FairTax
Last Saturday, the libertarian co-host of a weekly gasbag radio show admitted on air that Kansas was a FAIL but there was no follow-up discussion or remarks from callers, so it's as if his remarks never occurred.

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