June 30, 2014

PERRspectives: Republicans Can't Quit Brownback Mountain

PERRspectives: Republicans Can't Quit Brownback Mountain

"For Republicans, it is the love that dare not speak its name. Tax cuts don't pay for themselves by generating economic growth so explosive that government revenues exceed the levels they would have otherwise reached. Ever since the Laffer Curve was first sketched on a napkin for the likes of Jack Kemp and Ronald Reagan, federal tax cuts have instead produced only record income inequality and mushrooming national debt. Nevertheless, GOP orthodoxy is unchanged, even as Governor Sam Brownback's tax cuts for the rich and small businesses truly are what's the matter with Kansas."