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Trickle down economics is a fraudulent theory designed by the mega rich and their think tanks. At a time of grotesque income inequality, the wealthy and their corporations do not need tax breaks.
Kansas Gov, the ironically named Sam Brownback, pushed tax cuts for the wealthy claiming it would stimulate the economy. The result? Kansas's economy grew even more slowly than the national average. Jobs did not come flooding in, but a billion dollar hole in the state budget did.
Now the state senate, including Republicans, wants to roll back the tax cuts.
Trickle down economics doesn't work, people.
http://www.denverpost.com/2017/02/17/kansas-lawmakers-pass-big-income-tax-increase-as-budget-fix/
Kansas Gov, the ironically named Sam Brownback, pushed tax cuts for the wealthy claiming it would stimulate the economy. The result? Kansas's economy grew even more slowly than the national average. Jobs did not come flooding in, but a billion dollar hole in the state budget did.
Now the state senate, including Republicans, wants to roll back the tax cuts.
Trickle down economics doesn't work, people.
http://www.denverpost.com/2017/02/17/kansas-lawmakers-pass-big-income-tax-increase-as-budget-fix/
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