Docking signs tax reform with one year proviso
Governor Docking signed a major tax reform bill into law while criticizing the legislature for enacting a one year temporary reform. The measure disallows federal income tax deductions for corporations and financial institutions and raises state taxes to fund Kansas services. Tax changes include higher sales and personal income taxes, with officials arguing the reform is temporary and will be revisited in 1973.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Robert Docking
Dovking
Docking
Kansas
Bennett
Tobacco Tax Bill Adds Kansas State Tax Revenue
Gov. Docking signed 49 bills including tobacco products tax and bank privilege tax changes. The tobacco tax, 10 percent on cigars and pipe tobacco, is estimated to raise about $600,000 yearly. Bank privilege tax lowered to 4 percent with increased surtax to 3 percent and shifts in income handling.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Robert Docking
Docking
Kansas
Arraignment Set for Two Kansas Students
Denver AP reports two Kansas State Teachers College Emporia students, R. Shaw and Victor J. Burton, 27, indicted by a Denver federal grand jury on marijuana importation and possession with intent to distribute. Arraignment tentatively set in US District Court here Friday. They were arrested Feb 22 at La Junta, Colorado airport.
MENTIONED IN THIS ARTICLE
Denver
Asst
U.S
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Park Hill
Kansas City
Junio High
Kingas
Robert F. Bennett
Prairie Village
Sen
Frank 5. Hodge
R-Hutchinson
Senate
Corporation
Financial
Hodge
House
H& R Block
H&r Block
the Income Tax
E. Fulton
Sears
Dynaglass
Ad, Roebuck and CO
Garden City
Tire Reguilar
N. Main St
F.E.T
State Board of Social Welfare
Ister
State Commissioner of Labor
U.S. Secretary of Labor
KC Chiefs
Ray Mayo
Men's Wear
Geier Electric
The
Garden City Jaycees
Racl
Arars
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