Kansas and Maryland are test cases on taxes

A New York Times article this week highlighted how Kansas and Maryland took different paths in responding to the improving economy. Kansas cut taxes to try to grow the economy, which likely will necessitate more budget cuts. Maryland raised income taxes on its top earners in order to preserve and restore funding for state services and public education. “The choices made by Kansas and Maryland could provide something of a real-time test of the prevailing political theories of taxing and spending – though it could be years before the results are in,” the article said.