Jared Bernstein — One more point about the KS legislature’s KO (Kansas Override) of supply-side tax cut

Not to be a downer, but I’ve have been pessimistic that DC R’s will learn from KS R’s. That’s partly because facts clearly can’t kill trickle-down mythology. The party’s donors want their tax cuts, and they’ll continue to sell snake oil to get them, facts and KS be damned.

But there’s another dynamic in play here which I haven’t seen mentioned: states have to balance their budgets while the federal government does not. So, if they’re willing to accept larger budget deficits, DC R’s can pass tax cuts and not worry about the consequences.

But R’s wouldn’t go that route because they disdain deficits and debt, right?

On the Economy
One more point about the KS legislature’s KO (Kansas Override) of supply-side tax cuts
Jared Bernstein | Senior Fellow at the Center on Budget and Policy Priorities and former Chief Economist and Economic Adviser to Vice President Joe Biden in the Obama Administration

Kenneth Thomas — Kansas Republicans abandon Brownback; raise taxes over his veto

Do I have to tell you that Laffer and Moore are the main advisers behind Trump’s tax plan, too?

Angry Bear
Kansas Republicans abandon Brownback; raise taxes over his veto
Kenneth Thomas | Professor of Political Science at the University of Missouri-St. Louis

Jared Bernstein — KS legislature for the win!

Supply-side economics and the Laffer curve fail in the State of Kansas.

The only thing you can be sure of re tax cuts is the first order effect: revenue losses. Beyond that, linkages between tax changes and growth are 98.8% phony rhetoric, 1.2% ambiguous economics. The KS legislature learned that the hard way, but at least they learned it.

On the Economy
KS legislature for the win!
Jared Bernstein | Senior Fellow at the Center on Budget and Policy Priorities and former Chief Economist and Economic Adviser to Vice President Joe Biden in the Obama Administration

Karoli Kuns — Reaganomics Inventor Excuses Kansas Failure, Says Tax Cuts Were 'Too Small'

Art Laffer doubles down on Kansas.

Crooks and Liars
Reaganomics Inventor Excuses Kansas Failure, Says Tax Cuts Were 'Too Small'
Karoli Kuns

Jen Hayden — The Architect of the Most Racist Law in Modern American History Has Been Named to Trump's Team

Kris Kobach was the architect of the most racist law in modern American history. SB 1070 passed in Arizona in 2010. What did it mean? If you have brown skin or an accent, police had a right to stop you, detain you and demand you prove your citizenship.…

AlterNet
The Architect of the Most Racist Law in Modern American History Has Been Named to Trump's Team
Jen Hayden, Daily Kos

Matias Vernengo — What's the matter with Kansas?

Supply-side economics fail.

Naked Keynesianism
What's the matter with Kansas?
Matias Vernengo | Associate Professor of Economics, Bucknell University

Menzie Chinn — Kansas: The Collapse Continues

Charts.

The Sam Brownback miracle growth formula is working — in reverse.

Econobrowser
Kansas: The Collapse Continues
Menzie Chinn

Brad Delong — Must-Read: Invictus: Red State, Blue State: Kansas and Washington

Kansas going down the tubes due to imposition of voodoo economics (ht Poppy Bush), while Seattle is prospering after raising the minimum wage. Explain that away, Greg Mankiw.

WCEG — The Equitablog
Must-Read: Invictus: Red State, Blue State: Kansas and Washington
Brad Delong

Joe Conason — Here's What Happened to One State After its Republican Governor Implemented an Extreme Tax Cutting "Experiment"

Déjà vu. Soon to be known as Laffer's Folly.

AlterNet 

Here's What Happened to One State After its Republican Governor Implemented an Extreme Tax Cutting "Experiment"
Joe Conason