Liberal, KS

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Kansas Legislators To Continue Income Tax Debate

KSCB News - February 13, 2012 8:13 am

Legislative committees have scheduled
additional hearings this week to consider several plans to cut the
Kansas tax rates
House Republicans are expected to introduce their plan to cut
individual income tax rates on Monday. The plan builds on a
proposal from Republican Gov. Sam Brownback, but makes
modifications in the elimination of tax credits and the state sales
tax rate.
Senators have hearings planned Tuesday and Wednesday on the
governor’s plan, which would reduce the number of income tax
brackets from three to two and cut rates. It also would eliminate
the earned income tax credit for low-income taxpayers.
The House plan keeps the three tax brackets but reduce the
rates. It also cuts the earned income tax credit in half.

 

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