Sxc.hu photo by Matt AielloKansas House and Senate negotiators have reached a compromise on a tax-cutting plan that would reduce income tax rates and eliminate some business taxes. The goal is to speed economic growth in Kansas. A conference committee revised the plan so it would more slowly reduce individual income tax rates, to leave the state with a positive ending balance through 2018. Representative Marvin Kleeb (“cleb”), an Overland Park Republican, says the plan is a good compromise.
But Representative Nile Dillmore, a Wichita Democrat, says the tax plan would create a new elite class of people in Kansas who don’t have to pay income taxes, because their income comes from a business they own.
The two chambers could vote on the agreement next week.