Liberal, KS

Now: 87 °

Currently: Clear

Hi: 94 ° | Lo: 69 °

Tax Compromise Being Considered

KSCB News - May 16, 2013 8:12 am

Republicans in the Kansas Senate are preparing to review a new, compromise plan for cutting income taxes and canceling part of a scheduled decline in the state sales tax.

Senate GOP leaders scheduled Thursday morning’s meeting as lawmakers hoped to resolve their differences on taxes and wrap up their work for the year.

House Republicans outlined the new plan during negotiations Wednesday with senators on tax issues.

The proposal would cut personal income tax rates over four years, although not as deeply as senators wanted. The 6.3 percent state sales tax would drop to 6 percent in July.

House GOP leaders wanted to let the sales tax drop to 5.7 percent, in keeping with existing law. Senators wanted to keep the rate at 6.3 percent.

 

Latest Stories

Bazaar Days in Liberal

The Liberal Chamber of Commerce brings another shopping experience to Liberal this Friday and Saturday. It’s...

Dr. Knudsen Reaches a Monumental Milestone: Over 22,000 Babies Delivered

Liberal, Kansas – The community of Liberal, Kansas is celebrating an extraordinary achievement by one of...

Emergency drill planned for Liberal Airport

The Liberal Mid-America Regional Airport will be conducting a full scale safety drill on the morning...

 
KSCB Radio News