Author Topic: Sam Brownback (Read 78887 times)

Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) · « **Reply #650 on:** July 27, 2016, 07:36:31 PM »

That's too good of an idea to be true

Emo EMAW · « **Reply #651 on:** July 28, 2016, 09:09:02 AM »

Quote from: CNS on July 27, 2016, 05:10:59 PM

Its like economic Eugenics. Cut aid and wait until they leave the state. Building a better KS, I guess.

I've seen the gene pool here. It's not hopeful.

renocat · « **Reply #652 on:** July 28, 2016, 09:45:53 AM »

Where will.the Brownback library be built. What will it look like?

CNS · « **Reply #653 on:** July 28, 2016, 01:37:58 PM »

Quote from: renocat on July 28, 2016, 09:45:53 AM

Where will.the Brownback library be built. What will it look like?

Not enough funds. Sorry, sam.

mocat · « **Reply #654 on:** October 18, 2016, 11:00:12 AM »

What a perfect day that would be

Emo EMAW · « **Reply #655 on:** October 18, 2016, 11:06:02 AM »

Canco.

CNS · « **Reply #656 on:** October 18, 2016, 11:08:01 AM »

Emo EMAW · « **Reply #657 on:** October 18, 2016, 11:22:25 AM »

What will it take to convince you?

mocat · « **Reply #658 on:** October 18, 2016, 03:39:56 PM »

Well we know he's not serious about the perfect night, unless he enjoys getting booed by an entire stadium of Kansans while with his confused wife

bucket · « **Reply #659 on:** October 25, 2016, 12:00:10 PM »

https://www.bloomberg.com/view/articles/2016-10-24/kansas-ends-bad-economic-news-by-not-reporting-it?cmpid%3D=socialflow-twitter-view&utm_campaign=socialflow-organic&utm_content=view&utm_medium=social&utm_source=twitter

Quote

Brownback, despite promising to measure the results of a “real life experiment” in cutting taxes, has decided to cancel a quarterly report on the status of the state’s economy.

Dugout DickStone · « **Reply #660 on:** October 25, 2016, 12:04:19 PM »

he is the best at being the worst

steve dave · « **Reply #661 on:** October 25, 2016, 12:36:05 PM »

Quote

Kansas’ gross state product fell behind the six-state region and the nation for the third straight year. (Kansas’ gross state product grew at a faster rate when compared to the region and the nation in three of the five years before Brownback took office in 2011).

Private industry wages in Kansas grew at a slower pace last year than they did in the region and the U.S. -- as they did during the past five years.

The number of private business establishments in Kansas trailed both the region and the nation for the last year, again continuing a five-year trend.

..............

Brownback is now said to be considering tax hikes. He has paid the deserved price for his errors, with a 26 percent approval rating, the lowest of any governor in the U.S. The people of Kansas have paid a bigger price. Undoing the harm will take a new governor and, though it may seem far-fetched, I think he should step down and make way for fresh leadership.

Absent that, all we can do is to call out misguided economic beliefs wherever they appear.

star seed 7 · « **Reply #662 on:** October 25, 2016, 12:43:17 PM »

Obama

Emo EMAW · « **Reply #663 on:** October 25, 2016, 12:57:05 PM »

Russia!

Dugout DickStone · « **Reply #664 on:** October 25, 2016, 01:02:21 PM »

he will raise taxes on people making between 100 and 300.

Canary · « **Reply #665 on:** October 25, 2016, 01:09:40 PM »

Quote from: steve dave on October 25, 2016, 12:36:05 PM

Quote
Kansas’ gross state product fell behind the six-state region and the nation for the third straight year. (Kansas’ gross state product grew at a faster rate when compared to the region and the nation in three of the five years before Brownback took office in 2011).

Private industry wages in Kansas grew at a slower pace last year than they did in the region and the U.S. -- as they did during the past five years.

The number of private business establishments in Kansas trailed both the region and the nation for the last year, again continuing a five-year trend.

..............

Brownback is now said to be considering tax hikes. He has paid the deserved price for his errors, with a 26 percent approval rating, the lowest of any governor in the U.S. The people of Kansas have paid a bigger price. Undoing the harm will take a new governor and, though it may seem far-fetched, I think he should step down and make way for fresh leadership.

Absent that, all we can do is to call out misguided economic beliefs wherever they appear.

I think the problems that have been created during his tenure will take more than one successor to get straightened out.

CNS · « **Reply #666 on:** October 25, 2016, 01:13:51 PM »

Guys, it's fine. If we get a super large amount of water this winter and gas goes back up to like $140/barrel, we will be fine.

Also, by "we", I mean like 300 of the state's citizens.

Emo EMAW · « **Reply #667 on:** October 25, 2016, 01:28:52 PM »

I was wondering about oil.

So, over the last fourish years, KS has produced ~45MM barrels of oil annually. Had the oil been worth another $20/bbl on average that's an additional $900MM in "sales." Any idea what that would translate into in terms of state tax revenue? Even if it meant another 10%/$90MM in revenue annually, that's only like $45 per citizen (assuming 2MM citizens in KS). Seems piddly.

CNS · « **Reply #668 on:** October 25, 2016, 01:31:33 PM »

No one is worried about citizens, emo.

steve dave · « **Reply #669 on:** October 25, 2016, 01:53:56 PM »

Quote from: Emo EMAW on October 25, 2016, 01:28:52 PM

I was wondering about oil.

So, over the last fourish years, KS has produced ~45MM barrels of oil annually. Had the oil been worth another $20/bbl on average that's an additional $900MM in "sales." Any idea what that would translate into in terms of state tax revenue? Even if it meant another 10%/$90MM in revenue annually, that's only like $45 per citizen (assuming 2MM citizens in KS). Seems piddly.

well good news for kansas and nigeria but I have a feeling oil is going to boom again soon!

Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) · « **Reply #670 on:** October 25, 2016, 02:14:10 PM »

When the overwhelming majority of your state's economy is based upon agriculture, oil and private aircraft, and all three industries go into the shitter, your going to have a tough time making up that economic output.

The "tax experiment" has had no measurable impact upon the state other than enraging $40k p/yr hayseeds who don't realize they're paying $800 per year less in income taxes, and wasting newspaper print on the de minimis monthly budget deficits (but not de minimis surpluses).

sys · « **Reply #671 on:** October 25, 2016, 02:17:53 PM »

Quote from: steve dave on October 25, 2016, 01:53:56 PM

well good news for kansas and nigeria but I have a feeling oil is going to boom again soon!

there has been sustained underinvestment, but there is also about nine gillion (new number i just invented) barrels in storage and the north american land drillers can bring capacity online so fast. seems more like a setup for slow appreciation than another out of control boom.

EMAWican · « **Reply #672 on:** October 25, 2016, 02:32:56 PM »

IIRC in 2015 the State took in around $30 million less than 2014 in mineral tax (oil and gas), which isn't that bad of a drop and is back in line with 2012 and 2013 levels. I also remember that sales and use tax revenue actually went up in 2015. The only reason Kansas is in the hole is because of the dismal income tax revenue thanks to Brownback's tax cuts.

Now on the county/local level the drop in O&G valuation for property tax purposes has hit them bigly.

Panjandrum · « **Reply #673 on:** October 25, 2016, 02:50:02 PM »

Quote from: EMAWican on October 25, 2016, 02:32:56 PM

IIRC in 2015 the State took in around $30 million less than 2014 in mineral tax (oil and gas), which isn't that bad of a drop and is back in line with 2012 and 2013 levels. I also remember that sales and use tax revenue actually went up in 2015. The only reason Kansas is in the hole is because of the dismal income tax revenue thanks to Brownback's tax cuts.

Now on the county/local level the drop in O&G valuation for property tax purposes has hit them bigly.

I pay less in taxes in Missouri (work there, live in Kansas) than do in Kansas after they took away some of the deductions, even though the rate is a percentage higher in Missouri.

My property taxes have skyrocketed. Food is a lot more expensive, etc.

Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) · « **Reply #674 on:** October 25, 2016, 02:56:56 PM »

Hayseeds making their presence felt itt.