Commentary: GOP Tax Framework Looks Much Like Kansas’ Failed Tax Cut Package
End Notes
[1] Nicholas Johnson, “Kansas Wise to Undo Failed Tax-Cut Experiment,” Center on Budget and Policy Priorities, June 7, 2017, https://www.cbpp.org/press/statements/nick-johnson-kansas-wise-to-undo-failed-tax-cut-experiment.
[2] Center on Budget and Policy Priorities, “GOP Tax Plans Would Emulate Failed Kansas Experiment,” updated October 11, 2017, https://www.cbpp.org/research/federal-tax/gop-tax-plans-would-emulate-failed-kansas-experiment.
[3] Jim McLean, “Trump’s Tax Plan Has Echoes of the Kansas Tax Cut Experiment,” NPR, September 30, 2017, http://www.npr.org/2017/09/30/554506190/trump-s-tax-plan-has-echoes-of-the-kansas-tax-cut-experiment.
[4] Lynn Jenkins, “Tax reform in Washington and Kansas are not the same – we learned from Kansas’ mistakes and made it better,” Fox News, October 12, 2017, http://www.foxnews.com/opinion/2017/10/12/tax-reform-in-washington-and-kansas-are-not-same-learned-from-kansas-mistakes-and-made-it-better.html.
[5] Sam Brownback, “Tax Cuts Needed to Grow Economy,” Wichita Eagle, July 29, 2012, http://www.kansas.com/opinion/opn-columns-blogs/article1096336.html.
[6] Michael Mazerov, “Kansas’ Tax Cut Experience Refutes Economic Growth Predictions of Trump Tax Advisors,” Center on Budget and Policy Priorities, updated August 12, 2016, https://www.cbpp.org/research/federal-tax/kansas-tax-cut-experience-refutes-economic-growth-predictions-of-trump-tax.
[7] Stephen Moore, “Trump’s Tax Cut: ‘Show Me The Money,’” Washington Times, October 1, 2017, https://www.washingtontimes.com/news/2017/oct/1/tax-cut-under-trump-will-spur-economic-growth/.
[8] Council of Economic Advisers, “Corporate Tax Reform and Wages: Theory and Evidence,” October 2017, https://www.whitehouse.gov/sites/whitehouse.gov/files/documents/Tax%20Reform%20and%20Wages.pdf.
[9] Damian Paletta, “’Objective Analysis’ or ‘an absurdity’? Life as Trump’s top economist,” Washington Post, October 12, 2017, https://www.washingtonpost.com/news/business/wp/2017/10/12/objective-analysis-or-an-absurdity-life-as-trumps-top-economist/.
[10] Saleha Mohsin and David Welch, “Economists Dispute Mnuchin’s Claim of Tax Plan’s Deficit Cut,” Bloomberg, September 28, 2017, https://www.bloomberg.com/news/articles/2017-09-28/mnuchin-says-3-growth-very-very-doable-under-trump-tax-plan.
[11] TPC Staff, “A Preliminary Analysis of the United Framework,” Tax Policy Center, September 29, 2017, http://www.taxpolicycenter.org/sites/default/files/publication/144971/a_preliminary_analysis_of_the_unified_framework_0.pdf.
[12] Mark Zandi, “U.S. Macro Outlook: An Unpalatable Tax Plan,” Moody’s Analytics, October 10, 2017, https://www.economy.com/dismal/analysis/commentary/298300/US-Macro-Outlook-An-Unpalatable-Tax-Plan/.
[13] Jim Tankersley, “Kansas Tried a Tax Plan Similar to Trump’s. It Failed.” New York Times, October 10, 2017, https://www.nytimes.com/2017/10/10/us/politics/kansas-tried-a-tax-plan-similar-to-trumps-it-failed.html?_r=0.
[14] For a discussion of tax experts’ responses to this avoidance possibility, see Chuck Marr et al., “Trump Tax Plan’s Pass-Through Tax Break Would Provide Massive Windfall to the Wealthy,” Center on Budget and Policy Priorities, updated May 22, 2017, https://www.cbpp.org/research/federal-tax/will-new-trump-tax-plan-include-pass-through-tax-break-for-wealthiest.
[15] Institute on Taxation and Economic Policy, “Tax Bill Signed by Governor Brownback Makes Kansas an Outlier,” May 24, 2012, https://itep.org/wp-content/uploads/KSFamilies.pdf.
[16] TPC staff, 2017.
[17] Chye-Ching Huang and Brendan Duke, “Vast Majority of Americans Would Likely Lose From Senate GOP’s $1.5 Trillion in Tax Cuts, Once They’re Paid For,” Center on Budget and Policy Priorities, October 4, 2017, https://www.cbpp.org/research/federal-tax/vast-majority-of-americans-would-likely-lose-from-senate-gops-15-trillion-in.