Kansas Governor Sam Brownback had championed the largest tax cuts in the state's history, eliminating taxes on non-wage earnings for nearly 200,000 small businesses. Just like all Republicans these days, Brownback had made cutting taxes and shrinking government the centerpieces of his government. Now the great State of Kansas has a huge projected budget shortfall.
There is one campaign issue that for me at least, is just not understood and that is the debate on whether or not to lift the payroll tax cap on FICA taxes above current Social Security Wage Base, $97,000.
John Miller is professor of economics at Wheaton College said in Dollars and Sense:
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