NHGOP Ignores What’s The Matter With Kansas, Unpaid-For Tax Cuts For Big Corporations Will Lead To Years of Red Ink
Concord, N.H. – As New Hampshire Republicans continue pushing their plan to blow a $90 million hole in future budgets with unpaid-for tax giveaways for big, out-of-state corporations, they’re ignoring one key issue: we’ve already seen how this plays out.
When Kansas Governor Sam Brownback declared his state was a real-world "experiment" in Koch Brothers economics, he was right. The fact is simple: unpaid-for tax cuts will either result in budget deficits, cuts to critical priorities – or as happened in Kansas, both.
A recent report from U.S. News explains, “Look at states governed by Republicans” like Kansas, “and it seems that the GOP might need a collective refresher course in economics, if not general math.”
**See also: “Where Republicans Went Wrong in Kansas” (The Atlantic); “Republicans Have Become the Party of Red Ink” (U.S. News); “Kansas's Failed Experiment” (The Atlantic); “Kansas Is Totally Screwed” (Mother Jones); “A ‘cautionary tale’ in Brownback’s failed Kansas experiment” (MSNBC); "Charlatans, Cranks and Kansas" (New York Times)
“New Hampshire Republicans either need a refresher course in economics, or they could just get on a plane and see what’s the matter with Kansas for themselves,” said New Hampshire Democratic Party Chair Ray Buckley. “The bottom line is that unpaid-for tax cuts result in budget deficits, cuts to critical economic priorities, or as we’re seeing in Kansas, both. Any Republican who tries to claim otherwise needs to take their head out of the sand.”