Wednesday, October 10, 2012
Kansas Governor Sam Brownback hasn't ruled out proposing that the state help balance its budget by keeping its current sales tax in place longer rather than letting it drop next year as planned.
Brownback said Wednesday that the state could see a temporary dip in revenues because of massive income tax cuts enacted earlier this year.
Supporters of the cuts believe they'll spur economic growth, but Brownback acknowledged there will be a lag.
Brownback said he'll wait to see how the budget situation is shaping up before making decisions about pursuing a sales tax change.
The 6.3 percent sales tax is set to drop to 5.7 percent in July 2013. The drop was scheduled in 2010, when the state boosted the tax to balance the budget.