Besides abortions and drug legalization, issues Republicans are accused of using to distract their voters, there is one platform that every Republican screams from the mountain top: “LESS TAXES!!!!!!!” Same snake oil, different marketing tips.
Donald Trump, like every republican politician, touts his trickle down plans: small government, low taxes and privatization of social programs.
In a parallel universe, trickle down economics are effective. This is why Republicans have been insisting on this economic strategy for about thirty years. In this universe however, the one in which you are reading this article, trickle down economics have proven to be an utter failure.
Let’s pretend that Republican politicians only care about the top 1%. In that case, trickle down economics is a real convenient strategy to promote. I’ll give my wealthy donors a fat tax incentive, and I could say that the money will “trickle” back down to the less affluent in the form of investments and job hiring. “Trickle down” policies will allow me to give my buddies money, but I could say that I’m doing it for everyone.
Except trickle down has never worked. As a result of trickle down, the top 1% now owns a larger share of the nation’s wealth than ever before. In addition, according to Census, incomes for the average American household between 2013 and 1989 are the same.
Republicans can argue about trickle down all that they want, but if those two facts are correct – that middle class income has not gone up while the wealthy has amassed a larger fortune while shrinking in size, trickle down is one fat failure.
In 2010, the Tea Party (democrat’s greatest ally) helped elect Sam Brownback, plus Republican majorities in both houses. Luckily, for Brownback and his Tea Party, Kansas had some of the nation’s toughest voting requirements, making it near impossible for certain less affluent demographics to vote.
Suddenly, we had an unrelenting ball of conservative power. No restraint and no limits and no checks and balances! It was a conservative nirvana in Kansas. Imagine the waves of trickle down that were unleashed! The politicians involved in this massive nuclear explosion of tax breaks as well as the repeal of ALL income taxes, were proud to be part of this experiment.
The one thing both sides of the aisle agreed on, was that what Kansas was doing was an experiment. The fate of trickle down economics hung in the balance. The Kansas republican politicians behind these tax breaks, hoped that their experiment would prove once and for all that trickle down economics were as effective as a paper clip.
I just illustrated one effect of trickle down economics – the rewards. Many buddies to the Kansas politicians who enacted these laws, made off real good. Again, the cycle of trickle down – give to the wealthy and it trickles down to the not so wealthy. The wealthy certainly got hooked up.
But how did the Kansas government pay for all of those tax breaks? They had to take from the poor. Another tactic Brownback implemented to pay for these exorbitant tax breaks, was to up the sales tax. This hurt the poor as well, because the less affluent spend a greater percentage of their money on buying goods.
In 2012, the poorest people in Kansas paid 11.6% in taxes. Those wealthier in Kansas only had to pay 3.6%.
To pay for Daddy Warbuck’s third swimming pool, the Kansas government tightened up welfare requirements, privatized Medicaid, cut $200 million from education, and got rid of four enormous state agencies and 2,000 state employees.
Brownback even told the Wall Street Journal:
My focus is to create a red-state model that allows the Republican ticket to say, ‘See, we’ve got a different way, and it works.’
Proponents of this middle school science experiment, were so giddy with dollar signs, they assured the public that it would generate $323 million in new local revenue by 2018.
In reality, after the first year of this experiment, Kansas was $688 million in the red!
Kansas job growth dwarfed all neighboring states.
Since Brownback was elected, 1,414 people with disabilities in Kansas were kicked off Medicaid.
Six school districts in Kansas had to close up well before summer recess as a result of a lack of funding.
Cuts to health services in Kansas are predicted to cause 65 deaths in one Kansas county alone!
As a result of the immense educational failure caused by the new Kansas tax policies, Kansas legislatures met to devise a fix. With the paltry piles of coins Kansas now has to work with, the fix was considered useless. The state was up in arms, cause the fix did nothing to help anyone but the politicians. All it did was swap a few round bricks with square ones. The fix takes into account the property value within a district on a per pupil basis and adopts this very confusing equalization formula.
If you are for Donald Trump, I doubt my warnings will motivate you. I’m sure there are more important things to you then the financial well being of our country, like The Apprentice and his hot wife and those hilarious jokes he always says.