Tweet
Here's an inbteresting read. Brownback was right, Kansas has become a model for tax reform. The only problem is that Kansas' model is not how to do it, but how NOT to do it.
Republicans are proceeding with tax cut plans, except they are being very cautious that revenues are preserved:
From the article:
"Walker has drastically scaled back his tax-cutting rhetoric since earlier this year and, according to two Wisconsin GOP sources, is putting his hopes to eliminate the income tax on the back burner.
“I don’t want to say the Laffer theory is disproven, but it’s a difficult time to advance that way in Wisconsin because our revenue numbers aren’t as robust as we need,” said a senior Senate GOP leadership aide, adding that Republicans were disappointed that Walker tax cuts from earlier this year didn’t grow revenue as much as they predicted."
Scott, I'll say it for you, Laffer is an idiot. Someone needs to take his ideas, shrink them to the size of a bathtub and drown them, similar to what Grover Norquist wanted to do with the federal government.
And speaking of another person who was skeptical of Laffer's 'theories', let's all pray for Bush Sr., that he gets out of the hospital in time to enjoy New Years with his family at home.
Republicans are proceeding with tax cut plans, except they are being very cautious that revenues are preserved:
From the article:
"Walker has drastically scaled back his tax-cutting rhetoric since earlier this year and, according to two Wisconsin GOP sources, is putting his hopes to eliminate the income tax on the back burner.
“I don’t want to say the Laffer theory is disproven, but it’s a difficult time to advance that way in Wisconsin because our revenue numbers aren’t as robust as we need,” said a senior Senate GOP leadership aide, adding that Republicans were disappointed that Walker tax cuts from earlier this year didn’t grow revenue as much as they predicted."
Scott, I'll say it for you, Laffer is an idiot. Someone needs to take his ideas, shrink them to the size of a bathtub and drown them, similar to what Grover Norquist wanted to do with the federal government.
And speaking of another person who was skeptical of Laffer's 'theories', let's all pray for Bush Sr., that he gets out of the hospital in time to enjoy New Years with his family at home.
Comment