In 2012, Kansas Gov. Sam Brownback signed a landmark bill that delivered big tax cuts to high income earners and businesses. Less than two years after that tax cut, the state’s income tax revenues plummeted by a quarter-billion dollars – and now Brownback is pushing to use money for public employees’ pensions to instead cover the state’s ensuing budget shortfalls. -
Why is this important?
In 2012, Kansas Gov. Sam Brownback signed a landmark bill that delivered big tax cuts to high income earners and businesses. Less than two years after that tax cut, the state’s income tax revenues plummeted by a quarter-billion dollars – and now Brownback is pushing to use money for public employees’ pensions to instead cover the state’s ensuing budget shortfalls. -