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House Cuts Your Taxes

ks capitolThe Kansas House has approved a bill cutting sales and income taxes.

The vote Thursday was 82-39 on a measure mandating small reductions in individual income tax rates each year that overall state revenues grow by more than 2 percent. The bill also allows the state sales tax to drop in July, as scheduled by law.

The measure goes next to the GOP-dominated Senate, but senators approved their own tax plan last week. The final version of tax legislation probably will emerge from talks between the two chambers.

The Senate embraced proposals from Republican Gov. Sam Brownback to guarantee that income tax rates will drop over the next four years — more aggressively than the House proposed. Senators supported Brownback’s proposal to keep the sales tax at its current rate.

KSKollection
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