July 1, 2015
Brownback and the Legislature raised the sales tax rate to help fill a large revenue shortfall created by the 2012 state income tax cuts, which included eliminating income taxes on about 330,000 owners of limited liability companies and Subchapter S corporations. Though a number of lawmakers argued this past session that the business exemption was […]
June 29, 2015
An analysis from the nonpartisan Institute for Taxation and Economic Policy showed the wealthiest 1 percent of Kansans set to pay 1.9 percent less in taxes than in 2012, with the poorest 20 percent to pay 1.5 percent more. Read more
June 23, 2015
Kansas already had the ninth-most regressive tax system in the nation, according to the Institute on Taxation and Economic Policy. The tax increase signed last week by Gov. Sam Brownback to balance the budget and end the longest legislative session in state history will make the system less fair to low- and middle-income Kansans, said […]
June 22, 2015
Brownback has been defiant. “Some would have you believe this bill represents a tax increase, and that is not accurate,” the governor said last week. “When looked at in totality, from 2012 to 2015, as I said at the outset, Kansans are paying less in taxes and continuing to move off income taxes to consumption-based […]
June 22, 2015
Ask any fiscal expert, and Kansas’s budget crisis demanded a reckoning—either with its tax code or its longterm spending structure. But its government wasn’t up to it. Aligned with conservatives in the Senate, Brownback steadfastly refused to consider a direct reversal of the original tax plan, insisting that the state continue on its path toward […]
June 18, 2015
The Washington-based Institute on Taxation and Economic Policy, which is critical of the policy, said according to its analysis the poorest 20 percent of Kansans will pay about $197 more in taxes in 2015 than they would have without both the 2012 tax cuts and 2015 tax hike. In addition, the analysis found that the […]
June 18, 2015
The Institute on Taxation and Economic Policy, a liberal-leaning think tank that has criticized Brownback’s policies, released an analysis hours later showing that the bottom 40 percent of Kansans on average will end up paying more in taxes. People making less than $23,000 a year will pay an average of $197 more a year in […]
June 18, 2015
According to the administration, without the tax bills passed this year, Kansans would pay $1.06 billion less in income and sales taxes than they would have before the 2012 tax cuts were enacted. The legislation passed this year raises $338 million in sales and income taxes, leaving a net savings of $729 million. But the […]
June 18, 2015
Meg Wiehe from the Institute on Taxation and Economic Policy told the Washington Post that only the rich have incomes that are growing. “Kansas has really shifted the responsibility for paying for taxes from those at the top with the most income, where income is growing, to those at the very bottom of the income […]
June 18, 2015
“Brownback, his top aides and their legislative allies have argued repeatedly that cuts in income tax rates benefited all classes of taxpayers. The governor noted that one provision of this year’s tax legislation will exempt 388,000 low-income Kansans, starting in 2016. But a new analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan […]
June 18, 2015
“The vast majority of 2.8 million Kansans are doing worse,” Ward said. “They’ve had their taxes increased twice in the last three years.” Ward said the sales tax increases in recent years have outweighed any income tax cuts meaning poor people are paying more. A study from The Institute on Taxation and Economic Policy out […]
June 18, 2015
Brownback, his top aides and their legislative allies have argued repeatedly that cuts in income tax rates benefited all classes of taxpayers. The governor noted that one provision of this year’s tax legislation will exempt 388,000 low-income Kansans, starting in 2016. But a new analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan […]
June 18, 2015
Brownback contends that all taxpayers have benefited from the cuts. Critics say that wealthier Kansans gained most directly. And an analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan but left-leaning policy group, said the poorest 20 percent of the state will pay 1.5 percent more in taxes than they did in 2012, […]
June 18, 2015
Kansans who make the least often pay more of their income on taxes. The Institute on Taxation and Economic Policy says anyone who make less than $20,000 a year pays about 11% of their income on taxes. The percentage drops a bit for those making up to $94,000. Those who make the most, around $440,000 […]
June 18, 2015
The Institute on Taxation and Economic Policy, a nonpartisan, left-leaning group based in Washington D.C., ran the numbers and projects the poor will pay more, while the rich will pay less. Here’s how their numbers break down when considering the tax changes in the last four years. The 20 percent of Kansans who make less […]
June 18, 2015
But a new analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan but left-leaning policy group based in Washington, said the cumulative effects of the changes in tax policy since 2012 have benefited the state’s wealthiest residents the most, while increasing taxes for its poorest residents. The analysis posted online said the poorest […]
June 17, 2015
TOPEKA — Gov. Sam Brownback says a plan increasing sales and other taxes does not count as a tax increase because it comes on the heels of income tax cuts passed three years ago. The Institute on Taxation and Economic Policy, a liberal-leaning think tank that has criticized Brownback’s policies, released an analysis hours later […]
June 17, 2015
The fallout from the 2015 session continues. ▪ “It’s clearly a cautionary tale for other states to have in mind.” — Matthew Gardner, executive director of the left-leaning Institute on Taxation and Economic Policy, on how Kansas’ experience with tax cuts, and their resulting budget problems, is discouraging other states from following suit. For example, […]
June 17, 2015
Brownback, his top aides and their legislative allies have argued repeatedly that cuts in income tax rates benefited all classes of taxpayers. The governor noted that one provision of this year’s tax legislation will exempt 388,000 low-income Kansans, starting in 2016. But a new analysis Tuesday from Institute for Taxation and Economic Policy, a nonpartisan […]
June 17, 2015
According to the Institute on Taxation and Economic Policy, the poorest 40 percent of Kansans will pay an average of $131 more in taxes because of the new budget. According to the Institute on Taxation and Economic Policy, the poorest 40 percent of Kansans will pay an average of $131 more in taxes because of […]
June 15, 2015
Matthew Gardner, executive director of the left-leaning, Washington-based Institute on Taxation and Economic Policy said Kansas’ experience makes it more difficult for other states to pursue aggressive income tax cuts. In South Carolina, Republican Gov. Nikki Haley couldn’t pass income tax cuts even after declaring, “We are not doing what Kansas did.” “It’s clearly a […]
June 15, 2015
“TOPEKA, Kan. — Republican legislators in Kansas narrowly approved tax increases Friday, responding to pleas from their leaders and a warning from GOP Gov. Sam Brownback’s aides about draconian spending cuts that could result if they didn’t erase a budget deficit. “Clearly, a move away from income taxes toward consumption makes an already unfair tax […]
June 15, 2015
Poor families in Kansas would pay even more in taxes under a bill the state House passed Friday. Matt Gardner, the executive director of the left-leaning Institute on Taxation and Economic Policy said the new legislation would “double down” on those changes. “A tax hike of this size is going to have a worrisome impact […]
June 12, 2015
Brownback’s well-paid tax consultant, the legendary economist Laffer, promised Kansans that the cuts would pay for themselves in supercharged economic growth. At the time, a report from the Institute on Taxation and Economic Policy showed that Laffer had things backward: over the previous decade, economic output per person had grown significantly faster in the nine […]
June 3, 2015
Brownback proposed the state eliminate income taxes for 388,000 poor residents and raise taxes for business owners. Sounds good. But the nonpartisan Institute of Taxation and Economic Policy found that the plan actually would raise taxes on the poorest 40 percent of Kansans. That’s because Brownback also proposes raising the sales tax to 6.65, from […]