Facebook Twitter Instagram
    • Personalities/Staff
    • Jobs
    • Calendar
    • Keeping it Local
    • Contest Rules
    • Contact Us
    • Login
    RSS Facebook Twitter
    News Radio KMAN
    ESB's Managing Your Money
    • Local/State News
      • Manhattan
      • Riley County
      • Wamego
      • Pottawatomie County
      • Fort Riley
      • Geary County
      • State News
      • RCPD Reports
    • Weather
    • Sports
      • High School Sports
        • Scores
      • Scoreboard Saturday
      • K-State Sports
      • Student-Athlete of the Week
    • On Demand
      • In Focus
      • Who’s On In Focus
      • The Game
      • Managing Your Money by ESB Financial
      • Wildcat Insider
    • Obituaries
    • Message Us
      • Birthday/Anniversary
    Listen
    News Radio KMAN
    You are at:Home»State News»Gov. Kelly vetoes GOP led Senate bill to reform income, sales tax laws

    Gov. Kelly vetoes GOP led Senate bill to reform income, sales tax laws

    0
    By Brandon Peoples on March 25, 2019 State News
    Courtesy photo

    TOPEKA — Kansas Governor Laura Kelly made good on a promise Monday to veto a bill that aimed to change state sales and income tax policy that would reduce state revenue by more than $100 million.

    In a statement Monday, Kelly said:  “The people of Kansas elected me to rebuild our state. They elected me to bring fiscally conservative and responsible principles back to our government. We must be patient, thoughtful, and prudent as we evaluate tax policy. And, when we move forward with commonsense tax relief, we must ensure that it benefits the Kansans who need it the most.”

    Senate Bill 22 was largely split on partisan lines and estimated Kansas would see a decrease in about $187 million due to decoupling from federal tax codes regarding foreign income while raising an additional $21.7 million per year from internet sales. Critics, including Manhattan 66th District House Representative Sydney Carlin estimated the proposal would decimate Gov. Kelly’s proposed budget, at a tune of $495 million over the next three years. 67th District Representative Tom Phillips of Manhattan told News Radio KMAN earlier this month that the bill was driven by federal changes in tax code that came about in 2017 intended to incentivize multi-national companies to repatriate dollars in a one-time event back into the U.S.

    Kansas has never taxed foreign incomes previously. The proposal also would shrink the state sales tax on food while broadening the sales tax on out-of-state internet businesses.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Brandon Peoples
    • Website

    KMAN News Director and host of In Focus. Contact Brandon at Brandon@1350KMAN.com

    Related Posts

    Abortion providers sue Kansas over longstanding waiting period, new medication rule

    FOUND SAFE: Amber Alert canceled for four Topeka children

    Kansas police fatally shoot a man they say came at officers with a knife

    Comments are closed.

    Listen Live Here
    Listen Live - Mobile

    Categories

    EEO Report

    FCC Public File

    FCC Applications


    Follow @1350kman on Twitter · Manhattan Broadcasting Company is an equal opportunity employer.
    Manhattan Broadcasting does not discriminate in sale of advertising on the basis of race, gender, or ethnicity, and will not accept advertising which does so discriminate. © 2022 Manhattan Broadcasting Company.

    Type above and press Enter to search. Press Esc to cancel.