Advertisement

Archive for Friday, February 10, 2012

Kansas House GOP issues tax plan

February 10, 2012

Advertisement

— House Republican leaders are proposing a plan to cut Kansas income taxes, removing one key objection to an earlier proposal from Gov. Sam Brownback.

The plan outlined Friday calls for reducing the rates in all three individual income tax brackets, with emphasis placed on the lowest bracket. However, unlike Brownback's plan that eliminated the earned income tax credit for the poorest households, the House plan cuts the rate from 18 percent to 9 percent.

Under the plan, all incomes would pay less in taxes.

House Tax Chairman Richard Carlson of St. Marys said the plan is less expensive than the governor's, costing the state $41.7 million to implement compared to the $89.9 million in Brownback's plan.

Carlson said the bill will be introduced Monday and hearings would begin soon.

Comments

JayhawkFan1985 2 years, 10 months ago

An extra $50 in tax savings for kansans. Not very meaningful to most families. Another year without fixing KPERS. Another year without raises for state employees. Another year without adequately funding k-12 or higher education. Another year without...you get the picture. The great leap backward continues.

JayhawkFan1985 2 years, 10 months ago

Check this explanation by bill gates about state budgets. It focuses on California but same issues in Kansas.

http://www.ted.com/talks/bill_gates_how_state_budgets_are_breaking_us_schools.html

Cant_have_it_both_ways 2 years, 10 months ago

Think about that the next time you support entitlement programs, public transportation, new libraries, bus barns, train depots, 8 foot wide concrete bicycle paths and the rest of the crap Lawrence does not need. No wonder there is no money for raises, KPERS, or funding of our schools.

JayhawkFan1985 2 years, 10 months ago

Or tax cuts that gut schools and other important public needs.

Commenting has been disabled for this item.