What was dangerous about this one is that armchair economists seem so convincing when they try to sell Voodoo economics that not even Reagan believed . . . Of course TKC love tax cuts . . . But starting at the low-end and not with Sunflower State BILLIONAIRES . . . Check-it:
"The vote in the state House was 81-42, leaving GOP leaders three votes shy of the two-thirds majority needed to override Gov. Laura Kelly's veto last month. The plan would have provided nearly $1.6 billion in income, sales and property tax cuts over the next three years.
"Republican leaders haven't been able to overcome Kelly's opposition to their plan to move Kansas to a single-rate or flat personal income tax from its current three-tier system. The top rate now is 5.7%, and the GOP plan would have made the single rate 5.25%."
Read more via www.TonysKansasCity.com link . . .
Republican dissenters sink a GOP 'flat' tax plan in Kansas by upholding the governor's veto
A Republican plan to cut taxes in Kansas died Tuesday in the GOP-controlled Legislature when enough members concluded that it would favor wealthy taxpayers too much.
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