When Kansas fails miserably after this, can we agree to blame Arthur Larger?

The governor, who has enlisted supply-side economist Arthur Laffer as an adviser, had proposed lowering and flattening the state’s individual income tax and eliminating taxes on non-wage, business income. But he also proposed paying for those moves by making permanent a temporary sales tax increase that had boosted it to 6.3% from 5.7%, and eliminating a variety of exemptions and credits, including the exemption on mortgage interest and the earned-income credit for the working poor. The governor had pushed for a compromise, but in the end, the legislature, driven by House tea-party conservatives, approved the tax cuts without the revenue components that Mr. Brownback had proposed. “This is what they came up with,” Mr. Brownback said Tuesday. “I’m happy to sign it, and we’re going to make it work.” Still, he added: “I would have put more ‘pay-fors’ in it.” Potential areas for saving include Medicaid and negotiating lower rates for office space and electricity, Mr. Brownback said.

Tax cuts for business and service cuts to the poor…which will somehow stimulate economic activity. This is a “beatings will continue until morale improves” type strategy, which already failed nationwide…so why not try it in Kansas. — Kansas Governor Signs Tax-Cut Bill – WSJ.com http://online.wsj.com/article/SB10001424052702304791704577418641784902500.html

The GOP really is the party of, by, and for the 1%

Now strategists and donors are going where the money’s going, and growing evidence suggests that this election year — not just on the presidential level, but also for congressional races — will be dominated by superPACs. Right now, more than 80 percent of the money raised by superPACs has gone to pro-GOP groups. And, according to the Center for Responsive Politics, 80 percent of all the money raised by these groups has come from just 100 individuals — the wealthiest people in America. People like Texas billionaire Harold Simmons.

If you ever wondered why it seems all the GOP policies look like they were written by rich assholes…now you know why. — NPR.org » Outside Money Making The Race A Rich Man’s Game http://m.npr.org/story/153784210?url=/2012/05/26/153784210/outside-money-making-the-race-a-billionaires-game≻=ipad&f=1001