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Kansas Republicans Outline New Tax Plan

state-capitol(AP) – Republicans in the Kansas House have drafted a new plan for cutting income taxes in hopes of breaking stalemate on tax issues.

The proposal presented during legislative negotiations Wednesday would stabilize the budget by canceling part of a sales tax decrease scheduled for July by law.

The 6.3 percent sales tax would drop to 6 percent under the new plan. Under current law, it would decline to 5.7 percent.

The Senate backed Republican Gov. Sam Brownback’s plan to keep the sales tax at its current rate. The House wanted to allow the full, scheduled decrease.

Income tax rates would drop over four years, but not as much as Brownback or senators had wanted and more than the House’s less aggressive reductions.

Private negotiations among top Republicans had been stalled.

KSKOLLoct
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