So, those of you who have heard Sam Brownback’s name tossed around as presidential timber don’t even need to sharpen your axe. He’s bringing himself down.
Tax revenue in April dropped 45 percent from a year ago, the Kansas Department of Revenue announced Wednesday.The state’s revenue for the year is $92.9 million less than projected earlier this month….
Okay, so what caused this completely predictable turn of events? Tax cuts, of course.
Despite all crushing evidence that it doesn’t work, the mush for brains Republicans believe that tax cuts on the rich, like Brownback’s crazy scheme, will gleefully trickle down and everybody wins. Okay, so rich people win. Hey, they do have that part right. As always happens, the tax burden shifted to the middle class.
And do you want to know who Brownback blames for this loss of $93 million? If you guessed Benghazi, you’re close. He blames Barack Obama.
Yes, the state of Kansas has a faulty economic plan and it’s Barack Obama’s fault.
Oddly, the Congressional Budget office reports that the U.S. Treasury Department booked a $114 billion surplus in April because Barack Obama raised taxes on the rich.
So, wait, it’s a damn miracle. You raise taxes on the rich and cut taxes on the middle class and your revenues go up. You lower taxes on the rich and shift the burden to the middle class and … it’s Barack Obama’s damn fault.
Brownback, you broke it, you own it.