Brownback proposes $211 million tax increase | Arkansas Blog

Friday, January 16, 2015

Brownback proposes $211 million tax increase

Posted By on Fri, Jan 16, 2015 at 2:56 PM

The Kansas Miracle continues. You remember that Gov. Sam Brownback's massive income tax cut, which was supposed to unleash a tidal wave of prosperity, has instead unleashed devastation on public schools and other public services.

He campaigned successfully on a promise to keep cutting taxes and said a Democrat, if elected, would raise them.

So get a load of today's news.

Brownback proposed increasing overall taxes by $211 million for the next fiscal year, which starts in July.

The governor offered a proposal strikingly similar to the one offered by his Democratic opponent, Paul Davis, during the election, which Brownback’s campaign had repeatedly attacked. Brownback’s plan would allow a very small reduction to tax rates for the lower income tax bracket to take place in 2016 and then freeze rates until state coffers are restored. He also proposes massive tax increases on liquor and tobacco products.

Arkansas Gov. Asa Hutchinson has been more modest in his income tax proposal. He's going to delay a top-end cut in 2015. And to save even more money, he's giving no tax breaks at all to the bottom 40 percent of working taxpayers, but has a $100 million cut planned in 2016 for middle income brackets. He's sure he can finance government in the meanwhile.

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