Kansas Legislature OKs $90M in tax cuts, no axe the food items sales tax

The Kansas Legislature passed $90 million in tax cuts, but took no action on cutting the food sales tax before leaving Topeka.

Kansas lawmakers accredited a “large” tax coverage invoice late on the previous day of the frequent session, slicing $90 million in tax income for the upcoming fiscal calendar year although leaving the foods income tax for after the spring split.

A meals profits tax lower may perhaps even now be in the will work for the veto session later on this thirty day period, but the strategy highly developed by Republican management would hold out to commence a gradual reduction right until soon after the November election.

Gov. Laura Kelly and fellow Democrats have campaigned to “axe the food stuff tax,” slicing it to % starting up July 1.

Kelly maintains that Kansas can manage to eradicate the state’s profits tax on food stuff, which would sum to a approximately $500 million a yr tax cut. In a Friday information release asserting tax receipts for March, Kelly noted that regular revenues outpaced estimates by much more than $80 million.