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Archive for Sunday, March 4, 2012

Capitol Briefing: Brownback tax plan, Kansas on GOP presidential radar, train drinks, good export year

March 4, 2012

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Concerns raised over business tax cut plan

Democrats are saying they are hearing from nationally recognized tax experts, including Kansas University law professor Martin Dickinson, that Gov. Sam Brownback’s tax cut for businesses raises serious questions.

Brownback’s plan eliminates taxes on nonwage income from a sole proprietor, partner or Subchapter-S corporation, regardless of the size.

“This part of the tax plan is the proverbial loophole that you can drive a Mack truck through,” said Senate Democratic Leader Anthony Hensley, of Topeka. “We have absolutely no idea of the fiscal impact of this provision.”

Brownback has said his plan will increase business activity in the state.

Quote of the week

“If Santorum has me on their call list, they may not be very well-organized.”

— House Democratic Leader Paul Davis of Lawrence after receiving a robocall from campaign of Republican presidential candidate Rick Santorum.

Kansas in GOP presidential contest

After “Super Tuesday,” Kansas will be the focus of Republican presidential candidates for the GOP caucus Saturday.

So far, contenders Newt Gingrich and Ron Paul have announced plans to stop in Kansas.

Bill would allow drinks on trains

State Rep. TerriLois Gregory, R-Baldwin City, has introduced a bill that she says would allow the sale of alcoholic beverages on dinner trains.

A hearing on House Bill 2689 will be at 1:30 p.m. Monday before the House Federal and State Affairs Committee.

“With passage of the bill, the Elkhorn Valley Railcar Company would be able to move into Baldwin City and create economic development for surrounding tourist locations,” she said.

Kansas exports excellent

Kansas exports in 2011 reached the second highest level on record at $11.57 billion, according to the Kansas Department of Commerce.

The best year was 2008, with $12.4 billion. Exports have increased 170 percent since 1999. The top industrial export last year was aircraft sales at $2.12 billion.

Canada, Mexico, Japan and China were the state’s top four export markets, in that order. Nigeria rounded out the top five, supplanting the United Kingdom in the rankings.

What’s next

• 10 a.m. to 2 p.m. Monday — Medicaid and Managed Care summit at Topeka and Shawnee County Public Library, Marvin Auditorium, Room 101. Featured speakers include Joan Alker, co-executive director of the Center for Children and Families at Georgetown University Health Policy Institute; Jodi Mitchell, executive director of Kentucky Voices for Health; Jean Hall, director of the Institute for Health and Disability Policy Studies at Kansas University; and Scott Brunner, senior analyst and strategy team leader at the Kansas Health Institute.

• Noon Monday and Wednesday — House Redistricting Committee considering congressional maps.

• 9 a.m. to 11:30 a.m. Tuesday — Issue briefing for Mental Health Advocacy Day at the Capitol, at Topeka Performing Arts Center Auditorium, 214 SE Eighth St.

• On Senate adjournment Wednesday — KU Chancellor Bernadette Gray-Little to testify on budget before Senate Ways and Means subcommittee on higher education, Room 548-South, Capitol.

• 1:30 p.m. Wednesday — Hearing on SB 450, increasing school funding by $100 million over two years, before Senate Education Committee, Room 152-South, Capitol.

• 3:30 p.m. Thursday — Hearing on House Bill 2766, creating the Creative Industries Council, abolishing the Art Commission and Film Commission, before House Education Budget, Room 159-South, Capitol.

Comments

observant 2 years, 9 months ago

Any event that TerriLois shows up at should allow multiple drinks for everyone prior to her even showing up. If you're not half loaded you can't listen to her.

Catalano 2 years, 9 months ago

Not to mention having to look at that hair!

Jan Rolls 2 years, 9 months ago

Who does sam the sham think he is fooling? What a dumb

Michael LoBurgio 2 years, 9 months ago

Legislative tax committee members may have conflicts of interest on tax plan

Members of the state Legislature’s tax committees aren’t just key decision makers on Gov. Sam Brownback’s tax plan — they’d also be among its biggest beneficiaries.

Twenty of the 23 members of the House Taxation Committee have business interests that would be exempted from state income tax under the Brownback plan. In the Senate, nine of 11 members of the Assessment and Taxation Committee have interests that would go untaxed.

The data is reported in the lawmakers’ statements of substantial interest, a form all state officials are required to file disclosing business interests that could affect their governmental duties.

Read more here: http://www.kansas.com/2012/01/22/2185537/legislative-tax-committee-members.html#storylink=cpy

Michael LoBurgio 2 years, 9 months ago

Rep. TerriLois Gregory secretly tapes Republican Sen. Vicki Schmidt

A House Republican attempted to covertly record a private conversation in a Capitol office with a Topeka senator while discussing controversial health reforms sought by Gov. Sam Brownback.

Rep. TerriLois Gregory, of Baldwin City, asked to sit down with Republican Sen. Vicki Schmidt to talk about Medicaid services for people with disabilities. During the meeting this past Wednesday, Schmidt noticed a small flashing light in Gregory's satchel. It wasn’t a telephone.

http://cjonline.com/news/2012-01-17/house-member-secretly-tapes-schmidt

Michael LoBurgio 2 years, 9 months ago

Brownbacks tax cuts = Class Warfare To compensate for these reductions in income taxes, the Governor’s plan eliminates itemized deductions (including home mortgage interest and charitable contributions). It eliminates incentives for 529 education savings programs and long-term care insurance premiums. It eliminates the refund for sales tax on food for low-income Kansans. I also understand it eliminates part of the Homestead property tax refund.

The plan also eliminates tax credits for: * Adoption * Alternative fuel tax * Assistive technology contribution * Child and dependent care * Child day care assistance * Community service contribution * Disabled access * Earned income (EITC) * Environmental compliance * Historic preservation * Individual development account * National Guard employer health insurance * Small employer health benefit plan * Temporary assistance to families contribution * and more.

It appears that this plan moves the tax burden from the richest Kansans to the middle class and poorest Kansans. For example, sales tax is the most regressive tax we have. Making the 1% sales tax increase permanent not only reneges on our promise to remove the sales tax increase, it puts a disproportionate burden on low-income families. Removing the refund for sales tax on food and the Earned Income Tax Credit is a double whammy for the poorest working Kansans. In fact, President Ronald Reagan once said the Earned Income Tax Credit was “the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.”

Eliminating the deduction for home mortgage discourages home purchases for the middle class. Cutting the upper marginal income tax rate benefits the richest Kansans the most. Low-income Kansans can buy a Big Mac with their income tax cut while the folks at the top can buy a yacht with theirs. Not only that, when the income tax is eliminated altogether, there will only be sales and property taxes left to pay the bills.

Michael LoBurgio 2 years, 9 months ago

Robin Hood in Reverse: Kansas Bill Raises Taxes On The Poor While Cutting Them For The Rich

A Kansas House tax committee passed a bill in which anyone making less than $25,000 a year — roughly half a million of the state’s 2.9 million residents — will pay an average of $72 more in taxes, while those making more than $250,000 — about 21,000 people — will see a $1,500 cut, according to Kansas Department of Revenue estimates cited by the Kansas City Star.

The hike would come from the elimination of tax credits typically benefitting the poor. http://www.alternet.org/newsandviews/article/817777/robin_hood_in_reverse:_kansas_bill_raises_taxes_on_the_poor_while_cutting_them_for_the_rich/

jayhawklawrence 2 years, 9 months ago

There is a problem in the way the Republicans are lumping these tax breaks together to include companies of all sizes. I don't agree with either the Democratic plan or the Republican plan as it applies to Subchapter S corporations.

Many of the smaller manufacturing related companies that are family owned are Subchapter-S and these are the kind of companies we should be trying to help. Manufacturers also have the largest multiplier effect in terms of creating jobs. They also are the ones who are contributing to the kind of skills sets we need to increase our global competitiveness.

I think both political parties are not really interested in helping this segment of the economy and what I am seeing is a lot of lip service. They know that most Americans do not even understand what these business actually do and therefore they can be sacrificed politically.

Waddetreestudio 2 years, 9 months ago

" Another Greek conspiriacy" Greek families make alot of money and take in less taxes another economic stronghold that does not develop or create an economy for Kansas.

sales tax and property taxes should go up ...The Economic Greek family rich votes in a man called sam brownback same (Tax repeat selfish tax plan) conspiracy to produce an slothful and economic lazy economy.

I oppose the Tax plan and called my legislators I oppose the tax plan..the Greek family Rich Pay in very little taxes and do less for the communtiy..

Waddetreestudio 2 years, 9 months ago

Call your legislators and oppose this selfish and greedy Tax plan that helps only the Economic Greek family Rich..

Armstrong 2 years, 9 months ago

I like this format. All the Rothschild left leaning articles consolidated into one neat post. Gets the liberal hysteria a one shot jolt and then your good for the week. I konw wishful thinking, so much news to slant so little time. Rock on Roth

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