Friday, January 25, 2013
Republican officials in Kansas are interested in lowering corporate income taxes but are struggling to figure out how to mesh such reductions with GOP plans for more cuts in individual income tax rates.
Revenue Secretary Nick Jordan said Friday that cutting corporate income taxes would boost the economy and that the state needs to consider the issue.
But Jordan said the issue also is complicated, and GOP Gov. Sam Brownback's proposals focus on reducing individual income tax rates again after aggressive reductions last year.
State Rep. Marvin Kleeb, an Overland Park Republican who serves on the House Taxation Committee, said he and his colleagues are interested in lowering corporate income tax rates. He said they haven't figured out how to do it.