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.

Tags: , , , ,

From the ArkTimes store

Favorite

Comments (20)

Showing 1-20 of 20

Add a comment

 
Subscribe to this thread:
Showing 1-20 of 20

Add a comment

More by Max Brantley

Readers also liked…

  • Jason Rapert vs. Wikipedia

    Sen. Jason Rapert against the world: Wikipedia edition.
    • Jan 23, 2016
  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016
  • Civil War over in Fort Smith; lawyer strikes his Rebel mascot battle tent

    KSFM reports that Joey McCutchen, the lawyer who's been trying to restart the Civil War in Fort Smith over the School Board's decision to drop the Rebel mascot and related trappingsfor Southside High School, is dropping his School Board takeover campaign.
    • May 27, 2016

Most Viewed

  • Arkansas-linked Charlottesville marcher identified, apologizes to those misidentified

    A man who says he's a former University of Arkansas student now living in New England has identified himself as the person wearing an "Arkansas Engineering" T-shirt in the Friday white supremacist march in Fayetteville. He apologized for involving UA in the story and to the professor misidentified as being the person wearing the shirt.
  • Hot Springs threatens closure of Arlington Hotel unless repairs made

    The Hot Springs Sentinel-Record reports that the city of Hot Springs has notified owners of the Arlington Hotel that it must make repairs to address safety concerns by Nov. 8 or the historic hotel must close.
  • The Civil War, contd. Statues a diversionary move

    Donald Trump clearly believes that he can fight and win a political war over his sympathy for white supremacists making it about statutes of Robert E. Lee and preservation of history (as if books don't exist.)
  • Solutions to violence in Little Rock

    KARK/Fox 16 continues its focus on crime in Little Rock and solutions, including a national Ceasefire program that is the model for some new crime-fighting ideas announced recently by Mayor Mark Stodola.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation