Kansas tax chatter persist whilst locals remain more concerned about healthcare, public education and roads.
Read today's newspaper distraction . . .
"We agreed with Kelly’s decision to veto the bill, which would have set the individual income tax rate at 5.15% for every individual in Kansas, regardless of their income level.
"The result would have been a gift to the Sunflower State’s richest residents. It sounds like basic fairness on its face: Everyone pays the same rate. But it’s an inherently regressive system. An analysis by the Kansas Department of Revenue found the flat tax would cut up to $3,000 from the tax bill of high earners — and just $50 a year for Kansans at the low end of the scale.
"What’s more, that giveaway would have cut more than $300 million annually from state revenues, setting the state government up for eventual budget chaos reminiscent of former Gov. Sam Brownback’s ill-fated “tax experiment” of the 2010s."
Read more via www.TonysKansasCity.com link . . .
Kansas GOP leader says unfair flat tax will return. It's an idea that deserves to die | Opinion
The flat tax is dead. Long live the flat tax. That's the attitude of Kansas Republicans these days. Having failed in their attempt to upend the state's tax system in favor of high earners - Gov. Laura Kelly vetoed the bill in April - GOP leaders are now vowing another attempt in 2024.
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