Washington, D.C. — The House and Senate tax plans, which provide huge cuts to millionaires, billionaires, and wealthy corporations, closely mirror the tax plan passed by Kansas Gov. Sam Brownback (R). The Kansas plan featured a regressive collapse of individual tax rates and brackets and an enormous loophole for business income tax; it left some low- and middle-income taxpayers facing tax increases; and was predicted to be a huge revenue loser. After Kansas Republicans eagerly passed its tax plan, the state was confronted with disaster, as Kansas residents witnessed a sharp decline in state revenues, sluggish growth, brutal cuts to government programs, and lagging employment growth compared to the rest of United States. The Kansas tax cuts were rolled back in June 2017 over Gov. Brownback’s veto.
Kansas Sen. Jerry Moran (R) is a key vote in the Senate and has expressed reservations about “what happened in Kansas.” Tomorrow, at 10:00 a.m. CST/11:00 a.m. EST, Kansas State Sen. Dinah Sykes (R) and David Smith, chief of staff of Kansas Public Schools, will discuss how Kansas’ trickle-down tax experiment has left the state in economic ruin and led to devastating cuts to public education. Alexandra Thornton, senior director of Tax Policy at the Center for American Progress, will discuss details of the Kansas tax cut disaster and explain how related provisions in the Senate and House tax cut bills could be harmful for the rest of the United States.
WHO:
State Sen. Dinah Sykes (R-KS)
David Smith, chief of public affairs, Kansas Public Schools
Alexandra Thornton, senior director of Tax Policy, Center for American Progress
WHEN:
Thursday, November 30 at 10:00 a.m. CST/11:00 a.m. EST
CALL-IN INFORMATION:
Please RSVP to [email protected] to receive the call-in information.