Kansas Senate advances flat tax proposal

Kansas Senate advances flat tax proposal

Kansas Senate advances flat tax proposal

kansas-capitol

A measure to create a flat income tax for Kansas residents is moving ahead in the state senate.

Senate Bill 169, promoted by Republican Senate President Ty Masterson, reportedly would create a 4.75 percent, flat income-tax rate.

Proponents say the proposal would do away with the state’s current tiered income-tax system in favor of a single rate for individuals earning more than $5,225 or couples earning more than $10,450. Critics, however, claim the proposed flat tax would cost the state more than three quarters of a billion dollars in annual revenues.

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