Kansas’s conservative experiment may have gone worse than people thought
“When Kansas Republican lawmakers voted to raise state taxes last week, they were not only rebuking their own governor, they were tacitly admitting that his tax cuts hadn’t produced the economic boom their proponents promised. It is not just that tax cuts didn’t achieve their purpose, though. New research suggests that the cuts were, in fact, counterproductive. A working paper by economists at Oklahoma State University suggests that cutting taxes actually may have damaged Kansas’s economy, resulting in fewer jobs, reduced incomes and a slower pace of growth.”