Lawrence Journal-World: Brownback Signs Budget; Claims Success in 2015 Session
media mentionAccording 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 Washington-based Institute on Taxation and Economic Policy issued a statement saying those savings are not spread evenly throughout the population, and, in fact, lower-income people will end up paying more in taxes while wealthier individuals will see big savings.