Kansas lawmakers passed a tax cut package in the early Friday morning hours that fuses a flat tax rate for individual income with an accelerated reduction in the state sales tax on food, corporate tax breaks and residential property tax relief. The policies assembled into Senate Bill 169 add up to $1.3 billion in decreased state tax collections over the next three years, with more than half of the cost associated with the flat tax. The bill eliminates the sales tax on food at the start of next year. “To me, it’s always a priority to get it back to taxpayers instead of growing government, and that’s that this bill does, and it does it very nicely,” said Caryn Tyson, a Parker Republican who chairs the Senate tax committee. “It considers everybody, from low income tax to everybody.”
Source: The Lawrence Times