Kansas is in the news thanks to Art Laffer...... Rumble's favorite state.....
http://www.investors.com/politics/b...upply-side-revenge-for-tax-cutters-in-kansas/
Now for some fun stuff. Today, Kansas’ unemployment rate is 3.9% — 11th lowest in the nation. Kansas’ private-sector employment is growing faster since the tax cuts took effect than all of its neighbors, save for steroidal Colorado. Kansas City, Kans., is adding more private-sector jobs than is Kansas City, Mo.
Income taxes for individuals, families and small businesses have been reduced by 30%. Kansas’ pension funding is now the 22nd best in the nation — a vast improvement from the state’s second-worst in the nation ranking back when Brownback took office. The pension system’s funding ratio is now 62% and projected to soon rise to 66% — considered well into the “safe zone” as far as funding ratios go. And, lastly, Superman, Wyatt Earp and Dorothy are cheering like mad in heaven.
And all of this is happening when agricultural product prices and oil prices are at recent lows. Just wait and see what happens when these pro-growth policies have had sufficient time to have their full supply-side effects materialize.
http://www.investors.com/politics/b...upply-side-revenge-for-tax-cutters-in-kansas/
Now for some fun stuff. Today, Kansas’ unemployment rate is 3.9% — 11th lowest in the nation. Kansas’ private-sector employment is growing faster since the tax cuts took effect than all of its neighbors, save for steroidal Colorado. Kansas City, Kans., is adding more private-sector jobs than is Kansas City, Mo.
Income taxes for individuals, families and small businesses have been reduced by 30%. Kansas’ pension funding is now the 22nd best in the nation — a vast improvement from the state’s second-worst in the nation ranking back when Brownback took office. The pension system’s funding ratio is now 62% and projected to soon rise to 66% — considered well into the “safe zone” as far as funding ratios go. And, lastly, Superman, Wyatt Earp and Dorothy are cheering like mad in heaven.
And all of this is happening when agricultural product prices and oil prices are at recent lows. Just wait and see what happens when these pro-growth policies have had sufficient time to have their full supply-side effects materialize.
