Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

In It to Win It

(12,380 posts)
Mon Jan 30, 2023, 01:47 PM Jan 2023

At $1.5 billion, Kansas Chamber's flat tax plan would be bigger tax cut than Brownback's

https://www.yahoo.com/news/1-5-billion-kansas-chambers-172323311.html


A plan by the Kansas Chamber to implement a flat income tax would come with a price tag far bigger than the tax cuts of former Gov. Sam Brownback that were eventually repealed amid massive budget shortfalls.

The Kansas Chamber's plan would generally implement a 5% flat tax on both personal and business income. Fiscal estimates released Monday on HB 2061 put the cost to state revenues at about $1.5 billion a year.

"It's a little higher than anticipated," said Chamber lobbyist Eric Stafford, adding that the fiscal note does not change their stance on moving to a flat tax in some form.

Stafford said the high cost of the tax cut is largely due to a provision intended to keep a flat tax from raising taxes on poor Kansans.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
At $1.5 billion, Kansas Chamber's flat tax plan would be bigger tax cut than Brownback's (Original Post) In It to Win It Jan 2023 OP
A completely soul-less person lapfog_1 Jan 2023 #1
I guess Kansas didn't learn its lesson from Brownback. Ray Bruns Jan 2023 #2
Because.... TheRealNorth Jan 2023 #3

lapfog_1

(31,699 posts)
1. A completely soul-less person
Mon Jan 30, 2023, 01:54 PM
Jan 2023

"Stafford said the high cost of the tax cut is largely due to a provision intended to keep a flat tax from raising taxes on poor Kansans."

In other words, the massive budget shortfall is due to the POOR not paying higher taxes as they should be with this regressive "flat tax".

words fail.

Ray Bruns

(6,004 posts)
2. I guess Kansas didn't learn its lesson from Brownback.
Mon Jan 30, 2023, 02:04 PM
Jan 2023

You know, insanity can be defined as doing the same thing over and over and expecting a different result

TheRealNorth

(9,647 posts)
3. Because....
Mon Jan 30, 2023, 02:39 PM
Jan 2023

If you just give the rich tax cuts, they will share some of that wealth with the workers or make things cheaper to buy....

Latest Discussions»General Discussion»At $1.5 billion, Kansas C...