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Archive for Monday, March 12, 2012

Kansas House delays debate on GOP plan for tax cuts

March 12, 2012, 10:09 a.m. Updated March 12, 2012, 1:38 p.m.

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— The Kansas House has delayed debate on a bill that would cut the state's sales and income taxes in what supporters see as a push for economic growth.

The debate was postponed until Tuesday because of scheduling issues Monday with other committees and other logistics.

The measure would promise future cuts to individual income taxes as revenues grow, forcing the state to stop the annual growth in its spending at 2 percent. The state would phase out taxes on the earnings of thousands of partnerships, sole proprietorships and other small businesses.

The sales tax rate also would drop to 5.7 percent from 6.3 percent in July 2013, as previously scheduled.

The plan is a modified version of one presented earlier this year by leaders of the House's Republican majority.

Comments

headdoctor 2 years, 1 month ago

Those citizens who claim to be conservatives can feel all warm and fuzzy thinking they are fighting the great evil all the time they are voting for putting the fox in the chicken coop. I will take a little bit of Socialism any day over a mucked up version of Theocracy or NeoLiberalism.

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headdoctor 2 years, 1 month ago

We have Socialism mixed into our system and have for many years. I labeled you troll because of how you couched your comments. You can get off your soap box anytime because the so called conservatives are just as guilty of supporting Socialist plans and programs as the other groups. Wake up. There isn't that much difference between the parties. People want to label Obama to fit their argument but if you look at his total track record he has been as conservative and in some cases more so than the Republicans.

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headdoctor 2 years, 1 month ago

Perhaps you should hire a political scholar. It seems that many wouldn't know Socialism or Marxism is it slapped them on the butt. Using Pork_Ribs thought process most all of our politicians would need ran out of the country. I would say that you are nothing but a troll but you don't rate that high.

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voevoda 2 years, 1 month ago

Before you start throwing around words such as "Proletariat" and "Comrade" and "Marx" as terms of political abuse, Pork_Ribs, you really ought to understand what they really mean. If you think that any of them have anything to do with the Obama administration, it just proves that you don't know what they mean.

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question4u 2 years, 1 month ago

Better keep an eye on those pork ribs. The grill seems to be setting a lot of straw men on fire today, and the smoke is getting pretty thick.

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Ragingbear 2 years, 1 month ago

Ok. Instead of gouging out your right eye and cutting off a finger we are going to gouge out your left eye,pull out a fingernail with pliers and put your head into a vice and slowly tighten it.

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deec 2 years, 1 month ago

The only people who have profited are the wealthy, whose income has risen 275% for the top 1%. These people don't need another tax break. Who does need tax breaks are the bottom 20%, whose income has risen 18%. These figures are from 1979-2007. I'd guess they are even more skewed in favor of the 1% since then. http://www.cbo.gov/publication/42729 http://articles.businessinsider.com/2011-10-15/news/30282827_1_global-economy-corporate-profits-charts I love the smell of zombie in the morning.

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deec 2 years, 1 month ago

IF decreasing taxes on the rich created jobs, we'd be just swimming in jobs...how's that working out?

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Pork_Ribs 2 years, 1 month ago

C'mon...no way. Putting money back in the pockets of citizens and businesses will help the economy? These nut jobs are fools. I have a much better plan: Why don't we blame all of our problems on the Bourgeois (or Millionaires and Billionaires), put all our trust, and give control to the Proletariat (Government) to solve all our problems. Sound familiar? We then completely demonize the very people who own businesses and produce the jobs we want. Next we have the Proletariat steal their money through unequal taxation and spread it out to those who haven't earned it. Then everyone will be equal...right? We then spend as much money in the shortest amount of time to put us into much more debt than ever before. We convince everyone that it is the fault of the Bourgeois and that they are the only ones that can dig us out. Finally. We cut tiny fractions from the budget to appease the crazy, tax cut, nut jobs. Now that is a great plan....right? Surely everyone will come together and work hard when there is no motivation to succeed. People from all around will take huge financial risks to start companies so that the Proletariat can step in, take their cash, and spread it around to the masses. You tax cut guys are nuts. Hasn't the U.S. Government proven to you yet that they can spend money and manage their budgets responsibly? Sure...if we managed our households like that we would starve....but we're not able to steal from the Bourgeois....They are. Everything will be fine....the Proletariat will take care of you.

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