Kansas House Rejects Repeal of Key Brownback Income Tax Cut
staff - April 30, 2016 6:03 am
A top Democratic lawmaker says he is joining the crowded race to replace Republican Kansas Gov. Sam Brownback. House Minority Leader Jim Ward of Wichita announced his candidacy Saturday. He had named former Democratic Party chairman Lee Kinch as his campaign treasurer earlier this week.
TOPEKA, Kan. (AP) – Kansas legislators rejected a proposal Friday to repeal one of Republican Gov. Sam Brownback’s signature personal income tax cuts as they struggle to find the money to close a major budget shortfall.
The House voted 74-45 against a bill that would have repealed a personal income tax exemption for 330,000 farmers and business owners granted in 2012.
The policy was part of a wave of personal income tax cuts enacted in 2012 and 2013 at Brownback’s urging in an effort to stimulate the economy, and other states have watched the fiscal experiment closely.
The tax cuts haven’t worked as envisioned, and the state has struggled to balance its budget ever since.