Kansas Revenue Numbers Are In-Gov Brownback's Tea Party Economy Downgraded From 'Bad' To 'Nightmare'
Source: The Daily Kos & The New York Times
It was reported in April that tax revenue in Kansas was down 45 percent due to Gov. Sam Brownback's destructive policies. Things were so bad that in August Standard & Poor downgraded the credit rating for the state. Well, the new revenue figures from June to September are in and it's even worse than imagined:
Revenue numbers for July through September, the first three months of fiscal year 2015, suggest Kansas revenue gap is permanent, not temporary. The state anticipated $578 million in personal income tax collections over the summer, but it took in just $524 million, a miss of more than 10 percent. That was nationally atypical; according to the Rockefeller Institute of Government, 14 states have published projected and actual monthly personal income tax receipts through September, and the other 13 all came within 5 percent of expectations.
Kansas wide miss was probably a result of wading into uncharted territory with its tax reforms. In addition to cutting income tax rates, Kansas made itself the only state with a general personal-income tax that exempts pass-through income from tax. As noted by the New York Times, these stunning figures are indicative of a permanent trend.
Read more: http://www.dailykos.com/story/2014/10/22/1338450/-Kansas-revenue-numbers-are-in-Gov-Sam-Brownback-economy-changed-from-bad-to-nightmare
Dawson Leery
(19,348 posts)If he is, the state will go bankrupt, Greece style.
riversedge
(70,253 posts)http://www.huffingtonpost.com/2014/10/21/kansas-senate-poll_n_6020704.html
HUFFPOLLSTER: Latest Kansas Senate Survey Shows A Tie
Posted: 10/21/2014 8:46 am EDT Updated: 10/21/2014 1:59 pm EDT
A new poll finds a tie in the Kansas Senate race. Americans' media habits are polarized, but few live in ideological bubbles. And while pollsters won't cop to 'herding,' most suspect that others do. This is HuffPollster for Tuesday, October 21, 2014.
NEW POLL FINDS TIE RACE IN KANSAS - A new Monmouth University Poll finds a tie race for Senate in the unusual contest pitting Republican Sen. Pat Roberts against independent challenger Greg Orman. The Democratic nominee, Chad Taylor, dropped out of the race in September and his name will not appear on the ballot. The Monmouth poll of just 429 likely voters find 46 percent support for both Roberts and Orman with just 5 percent undecided. Five polls conducted earlier in October found results ranging between a five point lead for Orman and a five point lead for Roberts. The current estimate produced by HuffPollster's poll tracking model gives a slight but largely meaningless half point edge (44.2 to 43.6 percent as of this writing). The probability of a Roberts win stands, based on this estimate, is exactly 50 percent. [Monmouth, Pollster Kansas senate chart]
The poll also gave Democratic challenger Paul Davis a 5 percentage point lead over Republican governor Sam Brownback (50 to 45 percent). That's a slightly better result for the Democrat compared to four other recent surveys that showed either a tie or a slight Brownback advantage, though three surveys in late September gave Davis a narrow advantage. The HuffPollster poll tracking model gives Davis a one point advantage, as of this writing (47.8 to 46.8 percent), but barely bette..............
mountain grammy
(26,626 posts)tazkcmo
(7,300 posts)I grew up in Kansass and hated every second of it. My sister still lives there and doesn't vote at all while all her friends are "bikers" (Really just Ford plant workers that like to play dress up and drive Harleys) that rail against Barry and liberals. They deserve every bit of hell Brownback and the GOP put them through.
tridim
(45,358 posts)It is yet to be determined if they care. We'll see.
jeff47
(26,549 posts)Part of me wants him thrown out to stop the suffering.
Part of me wants him re-elected so we have a real-world example to point to, in order to stop Republican's wider goals.
big_dog
(4,144 posts)Kobach is in a 50-50 race and Sen. Pat Roberts (who may be chairman of the Ag Committee) may go down after 47 years in Washington because him
turbinetree
(24,703 posts)Brownback set his goals right along with every one that voted for his measures, and now that the chickens are coming home to roost there are going to be the whiners, well guess what your bed is made, your taxes are going to have to go up, this Ayn Rand concept of Atlas Shrugged is a failure and always has been a failure, and the KOCH backed Brownback institution of those goals shows what happens when you have an oligarchy in your politics and a hypocrite shoving his moralist values down your throat and gutting your education system to be third rate and .
Imagine the guy or gal on the street corner unemployed in the state of Kansas asking for job on cardboard what do you think they think of your credit rating when some one has bankrupted there lives for political gain, not much
Dont call me Shirley
(10,998 posts)MontyPow
(285 posts)Or will we still run Republican Lite Democrats because "red state" nonsense?
big_dog
(4,144 posts)Brownback has had hardly any opposition except for a 20 something vote minority in the State Senate, so this can be shown to voters all over the land about what can happen when the wingnuts go unchecked
Dont call me Shirley
(10,998 posts)It is a healthy balance of both. We need each other (society) to make our individual lives function well.
Reagan's story of this country's "rugged individualism" is a myth. Reagan's legacy is Mythology.
big_dog
(4,144 posts)not to mention vetoing Medicare expansion etc.
Dont call me Shirley
(10,998 posts)Brownback has taken that to a new low, close to hell.
The problem with Kansas is that there are way too many fundamentalists churches whose members wholly drink the Koch-cult Koolaid.
big_dog
(4,144 posts)Last edited Fri Oct 24, 2014, 01:02 PM - Edit history (1)
because it GOT SPENT immediately! Brownback gave back free money that was going to the states poor --what a jagoff!
Dont call me Shirley
(10,998 posts)for him in Hell.
Fred Sanders
(23,946 posts)Will the real Christians please stand up and take a stand?
Dont call me Shirley
(10,998 posts)MontyPow
(285 posts)And hopefully we won't turn tail and run when the Republicans inevitably say we're beating up on Kansans and their Christian values.
mountain grammy
(26,626 posts)and people still vote for Republicans. Go figure.
AlinPA
(15,071 posts)valerief
(53,235 posts)tanyev
(42,577 posts)Adrahil
(13,340 posts)What idiots...
ErikJ
(6,335 posts)They are worth more than all of Kansas and its ultimately their T-Party ideology that did this. Reminds me of how JP Morgan had to bail out the US govt back in the 1890's because he had more $ than the US Treasury.
blkmusclmachine
(16,149 posts)BTW, Gov. Brownback is associated with the shadowy extreme right pseudo-religious Dominionist Cult known as "THE FAMILY"/"THE FELLOWSHIP."