The failure of the trickle down economics is finally over which means:
The 👏 Koch 👏 brothers 👏 will 👏 now 👏 be 👏 paying 👏 their 👏 fair 👏 share 👏
Kansas lawmakers have voted to roll back a series of major tax cuts that became an example for conservative lawmakers around the country but didn’t deliver the growth and prosperity promised by Gov. Sam Brownback, a Republican.
A coalition of conservative Republicans, some of whom voted for sweeping tax cuts in 2012 or defended them in the years since, sided with moderates and Democrats to override Brownback’s veto of a $1.2 billion tax increase.
The law to increase taxes over the next two years comes as legislators seek to close a projected $900 million budget gap for that same period and bolster funding for K-12 schools under a Kansas Supreme Court order.
“It’s a huge vote,” said state Rep. Steven Johnson, a Republican and chairman of the House tax panel, adding that legislative leadership had explored many routes to find a tax solution that would gain sufficient support in both chambers. “It’s a huge vote for looking for an option for Kansas among limited options.”