HndsmKansan saidThe whole thing is absolutely RIDICULOUS! This right wing nut lowered tax rates for businesses thinking they would be encouraged to come here. That didn't happen and education and individual taxpayers have born the brunt of the shortfall. The Kansas legislature is still trying to figure out what to do.... at least "non essential" state workers weren't furloughed due to legislative action over the weekend.
You are correct. I am afraid that the House Leadership with Governor Brownback have found the votes they need to raise sales tax and stop exemptions through threats of a cut of nearly 6% across the board. I think at this point is take the bill or allow huge cuts to take place. It should be noted that the position of the Kansas House is to add taxes back on to LLCs and S-Corps in Kansas to help make up the nearly half of the $400 million budget shortfall.
Clarification of exemptions and sales tax provisions: overall the sales tax for everything rises to 6.55% state wide and then drops food to 4.95% later. The exemptions that help families with the promise of a hearing that can restore them for, nonprofits, and public schools, but keeps exemptions in for businesses and private education system scholarships.