Monday, February 20, 2012
A Kansas House committee is discussing a plan for cutting individual income taxes drafted by the chamber's Republican leaders.
The Taxation Committee's meeting Monday afternoon was the first time legislators planned to vote on a tax plan. But committee members were expected to offer numerous amendments.
The proposal before the committee is an alternative to a plan from Republican Gov. Sam Brownback.
The GOP leadership's plan would reduce individual income tax rates, exempt some business income from individual income taxes and
reduce an income tax credit for poor working families. It also would make sure that the state sales drops to 5.7 percent from 6.3
percent in July 2013 as scheduled.
Brownback's plan contains more aggressive individual income tax cuts but keeps the sales tax at 6.3 percent.