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Archive for Wednesday, May 2, 2012

Democratic leader says Brownback-endorsed tax plan benefits big business at expense of low income

May 2, 2012

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— Kansas Democratic Party Chairwoman Joan Wagnon, who is also a former secretary of the Kansas Department of Revenue, said Thursday she is alarmed at the proposed tax cutting bill that has been endorsed by Gov. Sam Brownback, a Republican.

Wagnon said the $2.9 billion tax cut over six years will rob funds from schools and other services while delivering a windfall to wealthy businesses including Kansas-based Koch Industries.

"Certainly the public would not believe this tax break should be targeted to one of the largest and wealthiest businesses in our state," Wagnon said in a statement delivered to the House-Senate tax conference committee that is working on the bill.

The proposed bill would decrease state income tax rates and exempt non-wage business income, which will affect nearly 200,000 businesses formed as limited liability corporations, chapter S corporations and sole proprietorships.

Brownback and other supporters of the tax cut say it will boost the economy and create jobs.

Wagnon, who served as revenue secretary under former Gov. Kathleen Sebelius, a Democrat, said there are 38,000 limited liability corporations that would be affected. She said she did a search of the Kansas secretary of state's databases and found 24 business entities related to Koch Industries that are LLCs and would be affected by the proposal. All of the companies are based in Wichita.

"Of course, I have no way of knowing the tax impact of this change on their business. But, their filing status is public, and definitely included in this bill as it stands now," she said.

Wagnon also criticized other parts of the tax-cutting package that would eliminate tax credits for child day care and a provision that would require low-income families who now quality for both the Earned Income Tax Credit and food sales tax rebate to pick one and not benefit from both.

"Again, limiting lower income earners to either the EITC or the food sales tax rebate seems to take from those less able to pay in order to fund a tax break for the LLC's (Koch included!)," she said.

Comments

Caz Snwot 2 years, 7 months ago

My thoughts exactly. Brownbutt very openly admitted that he felt lower income people should carry the weight of the tax burden because there were a larger number of them.

newmedia 2 years, 7 months ago

If she said anything to the contrary she would be booted. Snoozer....

Cant_have_it_both_ways 2 years, 7 months ago

Class warfare again. If you don't have what you want, go get a job or a better job and then buy it. Quit looking over your shoulder for someone to blame, when you do this you are missing an opportunity. Jez....

chootspa 2 years, 7 months ago

Oh! Poor people should just get a better job. Why didn't anyone think of that before?

question4u 2 years, 7 months ago

"Class warfare again."

Agreed. That catchphrase has become entirely meaningless through mindless repetition.

Cant_have_it_both_ways 2 years, 7 months ago

Or maybe you should just get a job? It is amazing that those who are basically unemployable are so freeking smart they wish to educate those of us who actually work.

Ah, yes! Its the first of the month! You cash your check yet chootspa?

chootspa 2 years, 7 months ago

Wah, wah, wah [fail trumpets sound.]

I probably earn more than you do, but nice try.

Jayhawk1958 2 years, 7 months ago

I'm unemployed and proud of it CHIBW. I'm not working for $7.50 an hour when I make more on unemployment and other social services. Provide some decent jobs and I might work. When are we unemployed people going to band together? Plus I'm 54 years old and can't do half of the jobs out there anyway.

Jimo 2 years, 7 months ago

Yes, class warfare again - yet another project to rob the poor and middle class of their income and redistribute it to those wealthy fools who have bribed their way into connections with politicians smitten with social darwinist Ayn Rand.

Gee, if only the poor and middle class would hire lobbyists to hand out bribes in Topeka, they're fortunes would be much brighter.

Richard Payton 2 years, 7 months ago

Koch Industries must be pushing Governor Brownback to run for President next election cycle. God help the poor!

bevy 2 years, 7 months ago

"Democratic leader says Brownback-endorsed tax plan benefits big business at expense of low income"

Everyone else says "DUH!"

somedude20 2 years, 7 months ago

Brownback is a cancer to most of the people who live in Kansas. If you agree with this load of crap that he is trying to pull, you are a cancer as well. Yep, it is real frickin funny to take money away from schools, kids and to make the poorest of Kansaians pay so the richest can make yet another back, of off our backs. Brownback is litmus test for the worst type of evil!

question4u 2 years, 7 months ago

The Brownback campaign to elect a Moderate Republican or even a Democrat as governor of Kansas is really picking up steam. He's shown the Kansas electorate the error of its ways.

Once the snake is finally out of the henhouse, there's little chance of another getting in for a long time. Of course, the snake has taken off with the eggs and left a lot of destruction and dead chickens, but that's the price for letting yourself be cajoled by a snake in the first place.

JackMcKee 2 years, 7 months ago

replace "low income" with "pretty much everyone"

Jayhawk1958 2 years, 7 months ago

Well duh. Wasn't that the plan all along by our fearless leader?

Jayhawk1958 2 years, 7 months ago

Wagnon needs to run. Shes the only Dem out there with any name recognition.

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