Kansas Gov. Sam Brownback’s trickle-down economics experiment is so bad the state stopped reporting [View all]

[TomCADem]

Trump's scandals are grabbing all the air time, but what is ignored is a tax plan that would make Sam Brownback proud.

http://www.salon.com/2016/10/25/kansas-gov-sam-brownbacks-trickle-down-economics-experiment-is-so-bad-the-state-stopped-reporting-on-it/

Kansas Gov. Sam Brownback, the Republican responsible for the state’s business-friendly tax policies, is now trying to erase any evidence of just how wildly unsuccessful his Reaganomics experiment has proved.

Last month the state’s Council of Economic Advisors, which Brownback created in 2011 and still chairs, quietly discontinued quarterly reports originally intended to showcase the state’s rapid economic growth. (During Brownback’s re-election campaign in 2014, the reports were scrubbed from the internet and subsequently available only upon request.)

The council issued what ended up being its last report in May.

Brownback “specifically asked the council to hold him accountable through rigorous performance metrics,” Heidi Holliday, executive director of the Kansas Center for Economic Growth, told The Topeka Capital-Journal. “Five years later, the metrics clearly show his tax experiment has failed while business leaders and local chambers of commerce across the state openly ask him to change course.”

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Brownback ran for governor in 2010 on an archaic small-state economic platform that promised widespread tax cuts for business owners and high-income earners. These cuts — amounting cents on the dollar, essentially, for individuals — went into effect in 2012, and subsequent years of revenue losses have gutted public infrastructure and diminished quality of life in the state.