June 20, 2015
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3:38Now PlayingCenk Uygur (host of The Young Turks) discusses a recent decision by Republican Governor Sam Brownback to raise sales taxes in Kansas. Cenk discusses how Governor Brownback ended up in such a huge financial mess, you'll be shocked to find out it involves giving tax cuts to his rich friends. Tell us what you think of Brownback in the comment section below.
Read more from Talking Points Memo here
"Republican Gov. Sam Brownback said Tuesday that Kansas isn't really increasing taxes even though the state will raise its sales and cigarette taxes to balance the budget.
Only hours after defending the legislation during a Statehouse news conference, Brownback announced he had signed two bills that together raise $384 million during the fiscal year that begins July 1, to avert a deficit. The state's sales tax will rise to 6.5 percent from 6.15 percent, and the cigarette tax will jump by 50 cents a pack, to $1.29.
The governor said this year's tax increases must be viewed in light of aggressive personal income tax cuts enacted by the GOP-dominated Legislature at his urging in 2012 and 2013 to stimulate the economy. His aides distributed figures showing that those income tax cuts would be worth nearly $1 billion during the next fiscal year."*
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