How Kansas Governor Brownback Schooled Missouri On Tax Cuts, And Showed The Region How To Grow

I am sitting atop a limestone bluff overlooking the Osage River at my home in Folk, Missouri, and it seems as if the only way to get Congress to reform this country’s tax code is to ask for an intervention by the Great and Powerful Oz. But, here in the nation’s heartland, results from an experiment in state income tax policy just might provide other states with a roadmap to real growth.

You may recall from a past Forbes column by me that laid out the landmark legislation signed into law one year ago by the forward thinking Kansas Governor Sam Brownback.  Brownback’s tax plan flattened and simplified the tax code, cut personal income tax rates for most earners from 6.45% to 4.9%, and got rid of small business income taxes.

Read more at Forbes