Kansas slashed taxes at the top to try to spur growth – but the plan crippled the state’s finances and proved disastrous for its Republican governorIs Donald Trump approximately to turn America into Kansas? It’s a question some worried people who live in the state are asking as the Republican party pushes through the biggest tax overhaul in a generation – an overhaul that,they claim, bears an uncanny resemblance to a tax plan that left their midwestern domestic in disarray.
After a failed economic experiment meant to boost economic growth blew a gap in the Kansas budget as big as a prairie sky (a $350m deficit in the current fiscal year and nearly $600m in the next) state jobs and services have been slashed.
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Source: guardian.co.uk