By Steve Brawner, © 2018 by Steve Brawner Communications, Inc.

By the time this upcoming legislative session is over, taxes in Arkansas undoubtedly will have been cut. The question is, how much will lawmakers learn from Oklahoma’s and Kansas’ mistakes?

Kansas made big tax cuts without corresponding spending cuts thanks to Gov. Sam Brownback’s allegiance to the theory that cutting taxes would stimulate the economy and generate more revenues. Oklahoma cut taxes while relying on oil and gas revenues that fell as those markets tanked.

The result is that Kansas’ budget has been a disaster for years. In fact, it’s Exhibit A when policymakers talk about how not to cut taxes. Finally, in 2017 the Legislature passed more than $1.2 billion in tax increases and then overrode a veto by Brownback, who was determined to keep digging a hole. In November, the longtime Republican state elected a Democrat, Laura Kelly, as governor.

A little closer to home, Oklahoma cut taxes and then dealt with budget issues so severe that almost one in five schools were holding classes four days a week. This year, the governor and Legislature passed a $430 million tax increase to fund education just before teachers staged a nine-day walkout.

One lesson learned is, if you vote for a tax cut today but don’t cut spending enough, then you might really be  voting for a tax increase down the road – or at least, forcing someone else to vote for one.  Continue reading Don’t be like Kansas and Oklahoma →