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Wednesday, March 19, 2014

The fit is hitting the shan, economically, in Kansas

Breaking, if bad, news in and for Kansas this week:

Moody's calls school finance ruling a 'credit negative' for Kansas

Kansas Representative Paul Davis' Facebook page called it last night:

For the second time in two years, Governor Brownback's reckless tax experiment has caused Kansas' credit rating to be downgraded. This is just more evidence that his "real live experiment" is failing.

And it's more than a little bit difficult to disagree with that assessment. When you raise taxes on most people in your state--the middle- and lower-classes yet raise them on the wealthy, it's just not a wise recipe for growth or strength.

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