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Do Not Let Kansas or Liberals Scare You Away From Tax Reform – Public Interest Institute

posted on July 6, 2017

The question must be asked whether the Kansas story is a failure in conservative/supply-side economics, as the liberals claim, or a failure on the part of the Legislature to control spending. The answer is that the Kansas tax cuts are sound policy, but since the Legislature did not control spending the result was a budget deficit. Tax reductions are fiscal policy tools for creating not only economic growth, but also additional revenues. States such as Utah, North Carolina, and Wisconsin are seeing more economic growth because of lower tax rates. Kansas even has a low unemployment rate, which provides further evidence that the state has a spending problem.

Read more: http://www.limitedgovernment.org/brief24-20.html