overall. growth for this year projected to be flat compared with 2% gdp growth nationally. today we got one more economic indicator out of the region. brownback claimed in 2012 you can measure his kansas experiment against neighboring states which did not enact the same type of drastic income tax cuts like nebraska. justin fox from bloomberg has been tracking the growth. today found the gap has only grown this year. kansas is that blue line that s been stagnant, flat, for two years while nebraska s pulling away. so why would donald trump follow the advice of a governor whose policies caused credit downgrades and slowed economic hiring? the plan would probably be pretty good for people like donald trump. as the washington post reported on kansas earlier this year, the poorest 20% of households are now paying an average of about $200 more in state taxes according to analysis on the institute of taxation and economic policy meanwhile the wealthiest 1% of households are saving an average
pelosi today, which will be a monumental upset. i can tell you manu, this is mnuchin the new pick for treasury secretary. let s listen. our number one priority is going to be the economy, get back to 3% to 4% growth. we believe that s very sustainable and focus on things for the american worker. that s absolutely our priority. welcome back. explain how you get corporations to have millions of dollars [ inaudible ] our first priority is going to be the tax plan and the tax plan has both the corporate aspects to it, lowering corporate taxes so we make u.s. companies the most competitive in the world. making sure we repatriate interests of dollars back to the united states, and the personal income taxes where we re going to have the most significant middle income tax cuts since reagan. we re going to incorporate the
lot of people happy. we re talking about deep income tax cuts for people across the board, whether it s poor people or people that make a lot of money, including someone like trump, who clearly falls in the upper income bracket. if his plan were to be enacted, more than 50% of households in america would pay no income taxes. none? that s pretty dramatic. so if i were making $25,000 a year or if my spouse and i were together making $50,000 a year, we would pay nothing in income taxes. i think the big question is how he would make up for the cuts that are made in his plan. theoretically, there are several ways to do this. the cuts could be outset by investments that get boosted because people have more money to spend. there are deductions for the rich that would create more revenue. trump says he would have incentives for companies to
middle class and say here, here s more money, child tax credits, things like that. the problem that rubio is going to have is that when that is placed next to for instance, very simple flat tax proposals by some of the other candidates it does potentially look a little bit complicated and old-fashioned and not bold enough. but kim, doesn t it look more electable? when you ve got ted cruz out there saying put it all on a postage card, that s your tax return, that is a radical proposal. behind this, the argument behind rubio s thing is that we need to make a pitch to middle class voters, they don t really care about income tax cuts on the top rates but they ll like it if they get more child tax credit money. the problem that rubio has and
the problem that rubio is going to have is that when that is placed next to, for instance, very simple flat tax proposals by some of the other candidates, it does potentially look a little bit complicated and old-fashioned and not bold enough. but kim doesn t it look more electable? when you ve got ted cruz out there saying put it all on a postage card, that s your tax return, that is a radical proposal. behind this, the argument behind rubio s thing is that we need to make a pitch to middle class voters, they don t really care about income tax cuts on the top rates but they ll like it if they get more child tax credit money. the problem that rubio has and the party has in going down that road is you cannot out-pander the democrats on tax credits. hillary clinton is always going to be able to outbid him. who is more electable then? kim calls it pandering. i call it moderation because i think most republicans want to win above all else. just think, a general point. on the republ