TOPEKA — Kansas taxpayers would get to keep a little bit more of their earnings and thousands of businesses would eventual not pay any taxes on their profits under a tax-cutting proposal House and Senate negotiators agreed on Wednesday.
Gov. Sam Brownback said he supports the plan and urged the House and Senate to approve it. The House could vote on the plan as early as this afternoon.
Some conservative Republicans in the House are expected to balk at the new tax plan because it is not as aggressive as a deficit-inducing proposal that lawmakers rammed through last week after a series of political maneuvers that enraged moderate Republicans and Democrats.
But, with Brownback’s support, it appears poised to pass.
Prospects are less clear in the Senate. Key lawmakers have been skeptical about how many jobs income tax cuts can generate and have raised concerns about how slicing away state revenues could impact the state’s ability to fund education and other services.
“What we need to do is somehow, some miracle, convince enough people on the Senate side to vote for this,” said Wichita Republican Sen. Les Donovan, who has been at the center of tax negotiations for months. “This is good for everybody in the state of Kansas.” Read More