At the risk of taking this wildly off-topic, how you reconcile the massive failure of low taxes = jobs = more revenue in Kansas state politics over the last few years? Is there something about Kansas that makes that lesson not apply here?
Kansas is a good example to take a look at, but I'm not quite convinced of what went down there.
To the very least, it was very sudden and the benefits of lower taxes and increased employment cannot be immediate. Businesses change their expectations on daily decisions, not throw all the plans out the window on a tax reform. There are questions: where did the tax money saved go? Did people hoard it? did it go out of state?
It merits some analysis. Trickle-down is a moniker for an economic policy that is pretty straight forward: that which is not spent by the state its spend by the constituents.
