Vice President for State Fiscal Policy
As we noted this morning, Kansas is the poster child for the harmful consequences of large state tax cuts, which can open up huge budget holes and undermine the foundations of a strong state economy, like a high-quality education system. But Kansas isn’t the only state experiencing pain of its own making. Big tax cuts are playing a major role in several other states’ budget woes. For example:
Despite the steady improvement of the national economy, these states are trying to figure out how to plug budget holes. Other states shouldn’t follow their example.