state economy: But there was something else about the news with some political salience: when California raised taxes on the wealthy in 2012, creating one of the highest marginal tax rates in the country, conservatives were certain the state economy would take a severe hit, according to MSNBC. How'd that work out The *Washington Post* reported the other day: California grew just fine in the year the tax hikes took effect… California economy grew by 4.1 percent in 2015, according to new numbers from the Bureau of Economic Analysis, tying it with Oregon for the fastest state growth of the year. It was a striking milestone just in terms of California sheer economic might. That was up from 3.1 percent growth for the Golden State in 2014, which was near the top of the national pack. Sam Brownback slashed taxes, leading conservatives to predict great things for the state economy. At the same time, Kansas Gov.
(news.financializer.com). As
reported in the news.
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