With Income Tax Eliminated, $85 Million Flows Into Kansas

[Lumberjack]

With Income Tax Eliminated, $85 Million Flows Into Kansas

For some, “the Kansas experiment” is a negative phrase – an epithet hurled toward anyone who would defend the sweeping tax reforms implemented four years ago in the Sunflower State. For others, however, “the Kansas experiment” is a bold and forward-thinking move. While dividends might not be immediately evident, free-market economists (as well as anyone who believes that when you tax something, you get less of it) are correctly eager to watch the experiment unfold and see where it takes Kansas in the coming years. Since the implementation of tax reform (when the income tax levied on small businesses fell to zero), private-sector employment in Kansas is higher than in other states with a personal income tax. ...

https://www.yahoo.com/

 

[signalmankenneth]

 

[signalmankenneth]

 

[Mott the Hoople]

With Income Tax Eliminated, $85 Million Flows Into Kansas

For some, “the Kansas experiment” is a negative phrase – an epithet hurled toward anyone who would defend the sweeping tax reforms implemented four years ago in the Sunflower State. For others, however, “the Kansas experiment” is a bold and forward-thinking move. While dividends might not be immediately evident, free-market economists (as well as anyone who believes that when you tax something, you get less of it) are correctly eager to watch the experiment unfold and see where it takes Kansas in the coming years. Since the implementation of tax reform (when the income tax levied on small businesses fell to zero), private-sector employment in Kansas is higher than in other states with a personal income tax. ...

https://www.yahoo.com/

was that the $85 million they had to borrow from the Kansas State employees pension fund? LOL

I read this Forbes article earlier today. Shoddy BS like this might fool free market true believers but not anyone else.