Liberal, KS

Now: 64 °F

Currently: Fair

Hi: 64 °F | Lo: 53 °F

Monday

Hi: 89 °F 

Lo: 65 °F

Tuesday

Hi: 90 °F 

Lo: 61 °F

Wednesday

Hi: 85 °F 

Lo: 58 °F

Thursday

Hi: 88 °F 

Lo: 65 °F

Friday

Hi: 86 °F 

Lo: 54 °F

Kansas House Bypasses Tax Deal, Passes Bigger Cuts

KSCB News - May 9, 2012 4:27 pm

The Kansas House has bypassed a compromise plan for reducing income and sales taxes and instead approved larger cuts, sending them to Gov. Sam Brownback.

The House voted 64-59 for legislation cutting individual income tax rates, exempting 191,000 businesses from income taxes and reducing the sales tax to 5.7 percent in July 2013 from its present 6.3 percent.

The measure would to provide $233 million in tax relief for the fiscal year beginning July 1, with the figure growing to $911 million after four years.

The Legislature’s research staff also said the plan approved by the House would create a budget shortfall of more than $2.7 billion by July 2017.

The Senate had previously approved the package. The House acted before senators could vote on a less aggressive alternative.

 

Latest Stories

Forgan Woman Dies in Private Property Accident

A private property fatality accident occurred Saturday morning at approximately 11:35am at a residence approximately 2...

Claus Claims Victory in 2019 Duck Race

The Liberal Chamber of Commerce celebrated the 2019 Duck Festival in Light Park on Saturday. There...

Broadcast Square audio archives September 16 to 20, 2019

You can listen to archived Broadcast Square audio from the week of September 16 to 20,...