Kansas House To Debate Tax Cuts

The Kansas House is preparing to debate a
bill that would cut the state’s sales and income taxes in what
supporters see as a push for economic growth.
The measure on the House’s agenda Monday would promise future
cuts to individual income taxes as revenues grow, forcing the state
to check the annual growth in its spending at 2 percent. The state
would phase out taxes on the earnings of thousands of partnerships,
sole proprietorships and other small businesses.
The sales tax rate also would drop to 5.7 percent from 6.3
percent in July 2013, as previously scheduled.
The plan is a modified version of one presented earlier this
year by leaders of the House’s Republican majority. They didn’t
like changes made in committee and want to undo them.