OMG.
“This is an economic problem, not a tax policy problem,” Gov. Sam Brownback said Tuesday afternoon in response to the news that February’s tax receipts fell short $54 million.
Does he think we’re stupid?
Ever since the governor cut income taxes, Kansas has been running a river of red ink. To date, we’ve lost $1 billion in expected revenues. For this fiscal year alone, we’re $80 million short.
The governor’s not buying it.
“These numbers reflect a declining national and regional economy,” he said.