After Huge Tax Cuts For The Rich, Kansas’s Economy Is Foundering

http://thinkprogress.org/economy/2014/05/16/3438587/kansas-growth-projections/

BY ALAN PYKE MAY 16, 2014

In a time of slack economic growth and high unemployment around the country, Kansas lawmakers thought they had the solution: massive tax cuts for the wealthy would lure economic activity and jump-start the state’s economy. But after Gov. Sam Brownback (R) signed $1.1 billion worth of tax cuts into law over the past two years, the state is behind the national average for economic growth.

A new forecast from Kansas’s budget officials projects that “personal income in Kansas will grow more slowly than U.S. personal income in 2014 and 2015,” the Center on Budget and Policy Priorities (CBPP) writes. The projections come from Brownback’s own Division of the Budget, which expects personal income growth of 3.8 percent this year and 4.2 percent next year. The state’s overall economic growth is now projected to fall behind the nation’s after two decades of keeping pace, the think tank adds.

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Things are also getting worse for the neediest people in the state. Last fall, Census data revealed that the poverty rate in Kansas had risen each year since the governor was elected after vowing to reduce child poverty. A study by Kansas Action for Children last fall found that child poverty continues to rise in the state.

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