Welcome to Kansas – where Republicans are taxing the poor to pay for tax cuts for the rich. The Kansas tax committee approved legislation last week that would force a half-million poor people who make $25,000 or less to pay about $72 more in taxes a year – while giving 21,000 people who make more than $250,000 a year a tax cut of $1,500.
This is coming from the state that already has one of the most regressive tax systems in the nation – where the poorest 20% of Kansans pay more than 9% in taxes – while the top 1% pay just 6%. Reagan tried out this strategy of giving rich people all the money they want while hoping it would trickle down to the rest of us – and it failed miserably.
Yet – that’s exactly what Republicans in Congress want to do and what Republicans in Kansas ARE doing it. The only thing trickle-down economics does is produce a nation of peons.