New deal on Kan. tax cuts appears to be unraveling
Published on -5/17/2012, 3:38 PM
TOPEKA, Kan. (AP) -- An agreement among Kansas legislators on cutting income taxes appears to be unraveling.
Conservative Republicans in the Kansas House grumbled Thursday that the proposal drafted by House and Senate negotiators is not aggressive enough. It reduces individual income tax rates and phases out income taxes for 191,000 businesses.
Meanwhile, in the Senate, President Steve Morris, a moderate Hugoton Republican, said he doesn't like the plan because he sees it as too aggressive and believes it could lead to future budget problems.
Lawmakers already have approved a plan containing the same elements but making the cuts in one year instead of over six years.
They're looking to pass an alternative because they fear the aggressive cuts could create a big budget shortfall in the future.