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Old 03-22-2015, 10:35 PM
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The reason to specifically cite Kansas and Wisconsin is that the political decisions that were made in those two states to dramatically cut taxes was explained on an economic theory that the cutting of taxes raises revenue due to the economic stimulation it produces. As a result of cutting taxes there is a paradoxical increase in state income as well as the well theorized trickle down of income from those taxpayers who benefit from the tax cuts to those who are not in the tax bracket to benefit. Both of these economic theories are shown not be correct by these real world examples.