Kan. Senate panel taking up gov's tax proposals
Published on -2/5/2013, 7:17 AM
TOPEKA, Kan. (AP) -- A Kansas Senate committee is preparing to debate Republican Gov. Sam Brownback's proposals to cut income tax rates and scrap two popular deductions for homeowners.
The Assessment and Taxation Committee planned to take up the governor's proposals Tuesday morning.
Brownback's stated goal is to phase out individual income taxes, beginning with more reductions after aggressive cuts enacted last year. But he and lawmakers also must find revenue to stabilize the state budget.
Brownback proposes eliminating income tax deductions for the property taxes paid on homes and the interest on home mortgages. He also wants to cancel a drop in the state sales tax scheduled to take effect in July.