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“Failed tax-cut experiment in Kansas should guide national leaders”

Summary:
That’s the title of an oped by Heather Boushey in The Hill. There’s not much to disagree with in the article, but I think one graph of Kansas employment would’ve really driven home the conclusion. Figure 1: Nonfarm payroll employment in Missouri (blue) and in Kansas (red), both in logs 2011M01=0. Orange shading pertains to period during which tax cuts are in effect. Dashed lines denote beginning and end of Brownback governorship. Source: BLS, and author’s calculations. For comparison, I include the Missouri series, also normalized. It is hard to argue that the change in the Kansas series gradient is just coincidental with the end of the tax cut experiment. I think I deserve apologies from those who wrote four years ago (in response to Whistling Past the Intellectual Graveyard) about

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That’s the title of an oped by Heather Boushey in The Hill. There’s not much to disagree with in the article, but I think one graph of Kansas employment would’ve really driven home the conclusion.

“Failed tax-cut experiment in Kansas should guide national leaders”
Figure 1: Nonfarm payroll employment in Missouri (blue) and in Kansas (red), both in logs 2011M01=0. Orange shading pertains to period during which tax cuts are in effect. Dashed lines denote beginning and end of Brownback governorship. Source: BLS, and author’s calculations.

For comparison, I include the Missouri series, also normalized. It is hard to argue that the change in the Kansas series gradient is just coincidental with the end of the tax cut experiment.

I think I deserve apologies from those who wrote four years ago (in response to Whistling Past the Intellectual Graveyard) about giving supply side a chance: Bruce Hall, Ricardo (aka RicardoZ, Dick, DickF), Steven Kopits, and Rick Stryker.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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