Thursday, October 30, 2014

The politics of tax cuts: Brownbackonomics on the ballot

QUINDARO BLUFFS, a mostly black and solidly Democratic neighbourhood on the edge of Kansas City, would not seem a promising stop for a conservative Republican seeking re-election. Yet here was Governor Sam Brownback, gladhanding local leaders and unveiling a proposal to lure new residents with five-year income-tax holidays and help paying off student loans. Mr Brownback talks a lot about opportunity, growth and Jack Kemp, his mentor and a Republican icon who combined fervour for tax cuts with heartfelt concern for the urban poor. “I want all of Kansas to be the best place in the nation to raise a family and grow a small business,” Mr Brownback declares.



He has been extolling the wonders of low taxes and high growth since taking office in 2011. His 2012 tax cut was the most ambitious by any state. So his re-election battle next week will be a referendum on Brownbackonomics—and closely watched by a whole lot of Americans with strong views on tax policy.Mr Brownback should be strolling to a second term; Kansas is so red it hasn’t voted for a Democratic presidential candidate since 1964. Instead, polls show him tied with Paul Davis, the Democratic...



from The Economist: United States http://ift.tt/1tTvcCa

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