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Garden City Telegram in Garden City, Kansas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Jan 11, 2017

Page

6

Lawmaker urges repeal of LLC tax loophole in Kansas

Democratic Senator Hensley calls for repealing the 2012 Brownback era LLC income tax exemption affecting about 330000 businesses. He argues the GOP tax changes favored the wealthy, cut education and highway funds, and worsened services while the governor blamed the Legislature. He urges a transparent school finance overhaul and restoration of civil service protections, urging steps to revive Kansas starting in 2017.

Executive Branch Kansas Hensley Brownback

Revenue secretary vows steady forecasts for Kansas

TOPEKA The acting Kansas revenue secretary told weary lawmakers that the state should dodge the huge forecast revisions seen last year, aiming to avoid 350 million dollar or 550 million dollar adjustments. He cited improved modeling and data use, noting revenue topped expectations in two months, as lawmakers debate budget gaps exceeding 340 million this year and 500 million next. Williams defended tax policy as vital to small business growth and hinted at support for loosening the LLC exemption while lawmakers push repeal to net about 250 million annually, though not enough to close the deficit.

Topeka Kansas Revenue Sam Williams Sam Brownback Williams Senate Jim Denning Overland Park Senate Tax Committee Kansas Department of Revenue Brownback Kansas House Donald Trump U.S. House Paul Ryan Washburn University Bob Beatty House Tax Committee Jeff Longbine Longbine Susan Wagle Wichita Benjamin Franklin

Brownback outlines budget plan amid shortfall and tax debate

Kansas Governor Brownback proposes revenue measures tied to new lawmakers and aims to fill a 350 million shortfall this year with a broader 500 million gap next year. He promises a structurally balanced budget while urging legislative action by January and signaling possible changes to LLC tax exemptions and education funding reform.

Brownback Shawn Sullivan Bill Clinton Senate Anthony Hensley Topeka Kansas Hensley Wagle Congress Trump Jeff Colyer University of Kansas Medical Center House Don Hineman

Also Mentioned on This Page

Revenue Secretary Jonathan Shor Jim Ward Ward Kansas Supreme Court Gov Amy Domestic Oreo Sally FCHS Finneycohs.org the Bull Fleming Mufasa Rmdauson Facebook Weare Peritage
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