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Kansas Tax Committee Approves Bill to Raise Taxes for Poor and Lower Taxes for Rich

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Headlined to None 2/26/12


The Rich Are Stealing Your Future...With The Help Of Your State Legislators
(image by Voluntary Amputation for Flickr)

What's wrong with Kansas? Well,...It seems that the 1% have some pretty enthusiastic fans in the Kansas legislature. Last week, the state House Committee on Taxation approved a bill to raise taxes on the poor and cut them for the rich. Specifically, those making less than $25,000 a year--roughly one out of six Kansans--will pay $71.80 more in taxes every year, while those making more than $250,000--less than 1% of Kansans--will pay $1,500 less, according to Kansas Department of Revenue estimates. As regressive as the bill is, it is actually an improvement on the plan released in January by Republican Governor Sam Brownback...The Brownback plan would have taken $78 million from the bottom sixth, and given $109.2 million to the Kansas 1%, while the Tax Committee plan would transfer $35.9 and $31.5 million, respectively.

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Isn't Koch Industries based in Kansas?I would assu... by Dennis Kaiser on Monday, Feb 27, 2012 at 4:42:14 AM