GOP Kansas lawmakers push bill to reverse key income tax cut
Associated Press - March 8, 2016 7:30 pm
A major financial rating agency says a structural imbalance in Kansas' budget is "likely to persist" even after the state increased income taxes.
Three Republicans in the Kansas Senate have introduced a proposal to reverse an income tax cut for business owners championed by GOP Gov. Sam Brownback.
Senate Vice President Jeff King of Independence and Sens. Jim Denning and Greg Smith of Overland Park described the measure they unveiled Tuesday as a proposal to promote tax fairness.
Their bill would undo a 2012 policy that exempts more than 330,000 farmers and business owners from state income taxes. It would tax 70 percent of their income.
The state has struggled since to balance its budget, and the three senators said it will continue to do so as long as the full tax break remains in effect.
But Brownback spokeswoman Eileen Hawley said the governor will not support a tax increase on small businesses.