Tax Cut Talk Continues in Topeka
Three senators and three House members planned to start their talks Wednesday. They’ve been appointed by legislative leaders to reconcile differences between their two chambers.
The legislation would follow up on massive income tax cuts enacted last year. Republican Gov. Sam Brownback and many GOP lawmakers would like cut personal income tax rates further, but the governor and legislators also must stabilize the budget.
The Senate embraced Brownback’s proposals to guarantee further income tax rate reductions over the next four years while canceling a decrease in the sales tax scheduled by law for July.
The House approved a plan allowing the sales tax to drop and cutting income taxes less aggressively.