Liberal, KS

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Brownback Defends Tax Cuts

KSCB News - September 12, 2012 8:18 am

Gov. Sam Brownback says it will be

challenging to implement new income tax cuts but he’s confident his

administration will make the adjustments and the state economy will

grow.

The Republican governor spoke Monday at the University of Kansas

as part of the business school’s lecture series.

The governor worked with the 2012 Legislature to cut individual

income tax rates and eliminate income tax for owners of nearly

200,000 companies in Kansas.

Brownback acknowledges the cuts will decrease state revenues in

the first few months. But he projected the reductions will improve

the economy and create thousands of new jobs in the long run.

The Topeka Capital-Journal reports that Democrats contend the

tax cuts will hurt middle and lower income residents and shift the

tax burden.

 

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