Brownback Tax Cuts That Ravaged Surplus Hinder Re-Election Bid
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Republican Governor Sam Brownback got the personal and corporate income-tax cuts he demanded to stimulate the Kansas economy. Now he and his state have to live with them.
A policy that he promised would create an economic juggernaut produced a sinkhole. A projected $27 million surplus in fiscal 2015 is all that remains of $700 million two years ago, according to budget analysts. Job growth didn’t materialize, Moody’s Investors Service cut the state’s debt rating, former Republican Party chairwoman Rochelle Chronister called Brownback’s plan “ruinous” and “crazy” and 104 members of the party yesterday endorsed his Democratic opponent.