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  1. #201
    Grab 'em by the pussy Splits's Avatar
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    Do you know what the associated press is?
    Isn't that the fake news organization that lied about a memo being circulated that called for 100,000 national guard units to be used for deportations?

  2. #202
    I am that guy RandomGuy's Avatar
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    Assuming that isn't tongue in cheek:

    Because anything that makes the Dear Leaders policies look bad is fake.

    Exactly the line that Mugabe, Chavez, Castro, Putin, and every other tin pot dictator uses when someone calls them on their horse .

    Congratulations.


  3. #203
    I am that guy RandomGuy's Avatar
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    Syria's Assad Brushes Off Amnesty Report on Prison Executions as 'Fake News'
    http://time.com/4666806/assad_syria-...international/

    Mugabe's fake news:
    http://allafrica.com/stories/201612050814.html

    Anyways... back to reality.

    Supply side economics sucks.

    The scary thing is that Trumps budget rely's heavily on it.

  4. #204
    I am that guy RandomGuy's Avatar
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  5. #205
    I am that guy RandomGuy's Avatar
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    https://www.washingtonpost.com/news/...=.d5de7e338ae5

    For both Brownback and his critics, the changes are a model for the policies that Republicans in Washington, D.C., might pursue on a national level now that they are in control of the federal government. One of President Trump’s advisers on economic policy during the campaign, Stephen Moore, also helped Brownback develop the changes he enacted beginning in 2012. Rep. Paul D. Ryan (R-Wis.), the speaker of the House, served as Brownback’s legislative director when Brownback was in Congress.

    Kansas Gov. Sam Brownback (R) spoke at the 2017 Conservative Political Action Conference on Feb. 23, and pushed for less government regulations. "When have we added more government anywhere that's taken more taxes and you end up with a product that's more efficient that costs you less?" he asked.
    Ryan’s and Trump’s proposals for tax reform have important features in common with Brownback’s policies. Both reduce the number of income-tax brackets. Brownback’s policies and Ryan’s proposal treat income from legal en ies typically used by small businesses more favorably than ordinary income. Likewise, the plan Trump advanced as a candidate appeared to reduce the tax rate on such earnings, known as “pass-through income,” but his proposal was ambiguous on this point.

    In the case of Brownback’s overhaul, pass-through income has been completely exempt from taxation. In 2012, the state had projected that about 200,000 pass-through en ies would take advantage of the exemption. In fact, about 330,000 ostensible small businesses profited from the rule. That data suggests the reform encouraged tens of thousands of Kansans to claim their wages and salaries as income from a business rather than from employment.

    That avoidance has contributed to repeated budget deficits, forcing state policymakers to take emergency measures, exhausting the state’s reserves and diverting money dedicated to maintaining highways to keep the state’s government operating.

  6. #206
    I am that guy RandomGuy's Avatar
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    To be fair here is the best argument I found for "tax cuts working"

    https://www.atr.org/kansas-tax-cuts-are-working

    Best arguments hinge on unemployment comparisons.

    Bureau of Labor Statistics data details a significantly better trend for Kansas as opposed to Missouri following the passage of the first round of tax cuts in 2012. In the year 2012, both Missouri and Kansas saw significant drops in state unemployment rates. Kansas began in January, 2012 with a rate of 6.1% and finished out the year at 5.4%. Missouri began 2012 at 7.5% and finished out the year at 6.7%. However, in 2013 after the 2012 Kansas tax cuts had kicked in, the two states diverged. Kansas continued to reduce their unemployment rate, dropping from 5.5% in January 2013 to 4.9% in December. Missouri, on the other hand, saw their rate fluctuate – beginning the year at 6.5%, then climbing to 7.2% in August of 2013 before finally seeing a drastic drop in December to 5.9% (partially due to holiday hires in the retail sector – note: this applies to Kansas as well). The preliminary rates for 2014 show Kansas holding steady at 4.8% (comparable to nearby Iowa holding steady at 4.3/4.4%, Nebraska at 3.6%, and Colorado around 6%). Missouri, unlike Kansas, has seen their unemployment rate increase – moving from 6% in January of 2014 to 6.6% in May.
    The main problem here is that it is hard to completely subs ute one state for another in terms of causality here, since state economies tend to vary somewhat.

  7. #207
    4-25-20 Will Hunting's Avatar
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    Kansas passes a huge tax increase because their tax cuts were such an abject failure
    failed Koch Brother / Cuckservative policies

  8. #208
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    To be fair here is the best argument I found for "tax cuts working"

    https://www.atr.org/kansas-tax-cuts-are-working

    Best arguments hinge on unemployment comparisons.



    The main problem here is that it is hard to completely subs ute one state for another in terms of causality here, since state economies tend to vary somewhat.
    2012-2013 were still years of recovery for the entire economy after the Banksters Great Depression. Austerity at the Federal and red/slave state levels re ed what would have been a long recovery anyway. Impossible to say whether KS tax cuts alone or majorly affected unemployment.

    The consensus among of studies and serious economists is that the tax cuts don't pay for themselves.

    dubya's massive 2001 tax cuts were followed by 8 years of slowest job growth since WWII. Repugs are not job creators.

  9. #209
    ( •_•)>⌐■-■ (⌐■_■) AaronY's Avatar
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    Kansas is a good example of how going too right wing is horrible just like Venezuala is a good example of how going too left wing is just as bad. Need a little centrism but definitely have to tax the rich more. Trickle down economics is so utterly disproven theoretically at this point and is really only good for duping white trash honestly

  10. #210
    I am that guy RandomGuy's Avatar
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    Whoopsies.

    Kansas legislature rolls back Brownback's tax cuts

    Stink.

    Failure.

    Republican.


    Kansas legislators on Tuesday voted to raise taxes by more than a billion dollars, rolling back steep tax cuts signed into law by Gov. Sam Brownback (R) five years ago that sank the state into a deep fiscal hole.

    A bipartisan majority in the state Senate and state House voted to override Brownback's veto of a bill to raise taxes by $1.2 billion.

    The measure reverses many of the tax cuts that Brownback authorized in 2012, when the Republican-dominated legislature slashed taxes to the core.

    In the intervening years, Kansas has faced deep budget deficits and increasingly bitter fights between Brownback and the legislature — still controlled by Republicans — over how to close those budget holds.
    http://thehill.com/homenews/state-wa...backs-tax-cuts

  11. #211
    I am that guy RandomGuy's Avatar
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    Sam Brownback, governor of Kansas, heads for the exit

    GOVERNORS of Kansas tend to love their job and rarely leave it early. Kathleen Sebelius, a Democrat, dithered before agreeing to leave the governor’s mansion after Barack Obama asked her to lead the introduction of the Affordable Care Act as Secretary of Health and Human Services. The current Republican governor, Sam Brownback, is different. He appeared not to hesitate before agreeing to take the relatively low-profile job of ambassador for international religious freedom in Washington, DC, a good 16 months before the end of his term. Perhaps Mr Brownback is as keen to leave Kansas as many Kansans are to see him go.

    Mr Brownback once had high ambitions. At the age of 30 he was Kansas’s secretary of agriculture, a congressman eight years later, a senator by age the age of 40 and a (short-lived) candidate for the presidential election in 2008 aged 50. When he was elected governor of his home state in 2010, Mr Brownback had a grand vision: the transformation of Kansas into a conservative beacon. “Our place, Kansas, will not be timid in doing what is right, even if much of the nation takes another way,” he said in his state-of-the-state address in January 2013 following Mr Obama’s re-election. Kansas will show “the difficult path for America to go in these troubled times”, he vowed.

    The policies Mr Brownback implemented in 2012 and 2013 were cheered by social conservatives and Laffer-curve acolytes. He cut business and income taxes in what he called a “real live experiment” and privatised Medicaid. He signed several laws making it harder to have an abortion and others that made it easier to get hold of guns. If things went well he could surely have another crack at the presidency.

    But things did not go well. Mr Brownback’s fiscal policies blew a hole in Kansas’s budget and led to cuts in school and infrastructure funding. The state’s debt rating was downgraded several times. Kansas was one of only five states to lose private-sector jobs from the start of this year to June, compared with a national growth rate of 1.7% for the same period, according to the Seidman Research Ins ute at Arizona State University. "The governor put all his eggs in one basket and it blew up in his face,” says Patrick Miller at the University of Kansas.

    In June, Republicans joined Democrats to override the governor’s veto of tax increases aimed at undoing much of Brownback-onomics. Susan Wagle, the Republican president of the Kansas senate, said in June that she hoped the Senate would work swiftly to approve Mr Brownback in his new job “so that we can get Kansas back on track with new leadership”. As soon as Mr Brownback departs for Washington, DC, Jeff Colyer, the state’s lieutenant governor, will take over as governor—and a political race will begin.

    https://www.economist.com/blogs/demo...live-failure-0


    ------------------------


    LOL Laffer Curve

  12. #212
    I am that guy RandomGuy's Avatar
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    http://www.wsj.com/articles/seeded-w...its-1431729743

    Unemployment has dropped to 4.2% from 5.5% in 2013, and wages and job growth are steadily climbing.

    Liberals love to hate Sam Brownback, and for good reason. The Kansas governor threatens a central tenet of liberal orthodoxy: the belief that higher taxes are a price that must be paid for progress.

    “If your objective is to grow the economy, would you rather put more money into government, or leave it in the hands of small business?” Mr. Brownback asks during a recent interview in his office at the state capitol. Three years ago Kansas enacted the biggest tax cut of any state, relative to the size of its economy, in recent history. Lawmakers reduced the top rate on the personal income tax to 4.9% from 6.45%. They also eliminated the income tax for small business owners who file as individuals, a broad group that includes sole proprietors, limited liability partnerships and S-corporations.

    The governor declared that Kansas was “open for business” in such strong terms that he might as well have donned a sandwich board reading “Come to Kansas / Keep Everything You Earn.” He boasted: “Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy.”

    The comment was subsequently picked up by critics who wondered why the Kansas economy wasn’t suddenly leaping ahead at, say, 4%-5% growth annually. When Mr. Brownback ran for re-election last year, national reporters descended on the Sunflower State and quickly made Kansas the national symbol for the alleged depredations of “trickle-down economics.” A sampling of headlines includes: “How Tea Party tax cuts are turning Kansas into a smoking ruin,” L.A. Times, July 9; “Kansas’ Ruinous Tax Cuts,” the New York Times, July 13; and “The Great Kansas Tea Party Disaster,” Rolling Stone, Oct. 23.

    Yet voters re-elected Mr. Brownback by a four-point margin. What the news coverage missed was that if Kansas hasn’t exactly catapulted into the front ranks in economic growth and employment, then it has at least moved a long way from the stagnation of recent decades. Consider:

    • In March 2013, unemployment in Kansas stood at 5.5%. It has since dropped to 4.2%, tied for 14th lowest in the country.

    • From 1998-2012, Kansas ranked 38th in private-sector job growth, according Bureau of Labor Statistics data crunched by the Kansas Policy Ins ute. In 2013—the first year after the tax reform—the state climbed to 27th place, and in 2014 it moved to 21st, placing it in the top half of states.

    • In the second half of 2014, hourly wages in Kansas grew 3.5%, according to BLS data, far faster than the national average of 1.9%.
    Smells like... failure.

  13. #213
    I am that guy RandomGuy's Avatar
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    Kansas is a good example of how going too right wing is horrible just like Venezuala is a good example of how going too left wing is just as bad. Need a little centrism but definitely have to tax the rich more. Trickle down economics is so utterly disproven theoretically at this point and is really only good for duping white trash honestly
    +1

  14. #214
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    "Trickle down economics is so utterly disproven ..."

    ... PRACTICALLY, as the top quintile Capitalists hoard $Ts, keeping it out of the Real Economy, out of the lives of the lower 4 quintiles, aka, Labor.

    tax cuts DON'T pay for themselves.
    Last edited by boutons_deux; 09-14-2017 at 12:30 PM.

  15. #215
    I am that guy RandomGuy's Avatar
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    "Trickle down economics is so utterly disproven ..."

    ... PRACTICALLY, as the top quintile Capitalists hoard $Ts, keeping it out of the Real Economy, out of the lives of the lower 4 quintiles.

    tax cuts DON'T pay for themselves.

    They don't.

    Now the GOP wants to do the same stupid at the national level.

    Stupid mother ers.

  16. #216
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    They don't.

    Now the GOP wants to do the same stupid at the national level.

    Stupid mother ers.
    and tax cuts DON'T create jobs.

    evidence: dubya/ head's tax cuts of 2001 resulted in the lowest job creation over 8 years since WWII


    another lie: raising the minimum doesn't kill jobs, studies over decades have shown that.

  17. #217
    Grab 'em by the pussy Splits's Avatar
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    tlongII

    One of the most epic thread fails in this forum. The le alone makes me every time I read it

  18. #218
    adolis is altuve’s father monosylab1k's Avatar
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  19. #219
    Grab 'em by the pussy Splits's Avatar
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    also taking selfies in your own ing bathroom mirror past the age of 15

    Nice ing wallpaper, got tlongII
    Nice ing flip phone, got tlongII
    Nice ing haircut, got tlongII

  20. #220
    adolis is altuve’s father monosylab1k's Avatar
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    You really need to look at the before and after.

    Brownback was reelected even though Democrats were widely panning the tax cuts as a miserable failure. At the time, unemployment was much higher, budget deficit much worse, etc. They were touting the state's performance in relation to neighboring states. All those things are no longer true.

    It takes a while to undo all the damage done by the previous tax&spend policies. We saw that in the 80s with Reagan's tax cuts - the recession he inherited got worse before it got way better.

    What's going on in Kansas is similar. It's already showing signs of economy taking off.

  21. #221
    License to Lillard tlongII's Avatar
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    Well at least they're not Illinois.

  22. #222
    I am that guy RandomGuy's Avatar
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    Well at least they're not Illinois.

    The big problem here is that the entire GOP tax policy was given a full-throated lab trial.

    Trickle down has been right-wing dogma for decades.

    As much as people rip on Boutons for railing against moneyed interests, trickle down benefits only the wealthiest, at the expense of everybody else.

    What will replace it? Or will the party continue to cling to this?

  23. #223
    Grab 'em by the pussy Splits's Avatar
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    that dead wreath hanging on the wall

  24. #224
    License to Lillard tlongII's Avatar
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    that dead wreath hanging on the wall
    That's a uva good looking dude though!

  25. #225
    License to Lillard tlongII's Avatar
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    The big problem here is that the entire GOP tax policy was given a full-throated lab trial.

    Trickle down has been right-wing dogma for decades.

    As much as people rip on Boutons for railing against moneyed interests, trickle down benefits only the wealthiest, at the expense of everybody else.

    What will replace it? Or will the party continue to cling to this?
    I am not a republican so I don't know what their party will advocate.

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