It’s no wonder that Gov. Kathleen Sebelius and so many state lawmakers support ending taxes on business equipment: The cost would be borne mostly by local governments. And if cities and counties have to raise property taxes to cover their lost revenue –which now totals $200 million a year — well, that’s their problem. This off-loading of responsibility is why a staff attorney with the Tax Foundation in Washington, D.C., wasn’t impressed with the proposed cut. Chris Atkins told The Eagle editorial board this week that rather than force tax cuts on local governments, the state should focus on reducing its own business taxes, such as the corporate franchise tax.
Posted by Phillip Brownlee
Follow us
