Issue Position: State Revenue Up in 2018

Issue Position

Over the past eight years, the Governor and Legislative Leadership of the party in power ignored the very principles they believed the rest of us should use in our personal and business financial management. This trend could not continue. We had a fiscal crisis in the state and we needed to address it by restructuring revenue and budget priorities.

Following implementation of the governor's tax experiment of 2012, we saw a continued decline in state revenues. Budgets were cut about 500-750 Million per year to keep us from bankruptcy. We borrowed money from every available source and lowered our revenue estimates. Revising the revenue estimates downward plainly showed that Kansas didn't have enough income to pay the bills. Our Credit ratings were lowered three times.

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