UPDATE - Republican leaders in the Kansas House have delayed debate on a big tax-reduction bill until tomorrow (TUE) morning. That debate had been scheduled for today (MON). The bill would reduce income tax rates and put a lid on how much the state could increase spending each year. The proposed 2 percent spending lid is controversial. But House Speaker Mike O’Neal says an attempt will be made to raise that cap -- slightly -- to gain more votes.
Conservative Republicans say the combination of tax cuts and spending limits will spur economic growth. Democrats and many moderate Republicans believe it will create a permanent budget crisis and force an increase in local property taxes.
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Reported 3/12/12
KS House to Start the Week Debating Income Tax Reduction Bill
A bill that would lower income taxes and limit state spending will be debated in the Kansas House today (MON). As Jim McLean of the KHI News Service reports, the proposal is similar to one backed by Republican Governor Sam Brownback.