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Kansas Governor Says Lawmakers Must Fill Revenue Gap

Gov. Sam Brownback says Kansas lawmakers should take another look at his suggestions to pay for massive income tax cuts he signed into law earlier this year.

The Republican governor told hundreds of people at a forum in Overland Park on Tuesday that he won’t consider restoring tax rates to previous levels.

In January, the state will reduce individual income tax rates, drop the top tax rate to 4.9 percent from 6.45 percent and increase the standard deductions claimed by married couples and heads-of-household. The state also will exempt the owners of 191,000 partnerships, sole proprietorships and other businesses from taxes.

Legislative researchers estimate the cuts will be worth $4.5 billion over the next six years and create collective budget shortfalls approaching $2.5 billion during the same period.

KSKOLLECTIONJULYAUG

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  • http://hayspost american

    HAY , HOW ABOUT ROLLING TAXES BACK ON BUSSINESSES? THEY ARE NOT GOING TO HIRE MORE PEOPLE OR ROLL BACK THEIR PRICES BECAUSE THEY ARE GETTTING OUT OF PAYING ANY TAXES.. THE BUSINESS I’M IN DIDN’T GET THEIR TAXES CUT TO ZERO, ONLY BILLIONARES AND STOCKHOLDER CORPORATIOIN TYPE STUFF ARE GETTTING THE BRAKE

  • passin threw

    your spelling skills just amaze me!

    • http://hayspost american

      glad you like them, but what do you have to say brownass or everything but selling is over your head?

  • passin threw

    hahahaha ok i get it, you only do the typo’s cause you realize it’s annoying to everyone with more sense than you have….i was wondering what business it is that you own, so i make sure to never spend another dime to help support your socialist views

    • http://hayspost american

      i sell spelling books to usd 489, but i thought this story was about brownass? or is that over your head?

  • http://haydpost.com projection

    Has the government ever been able to accurately project costs and revenue? Especially six years out………what a joke.