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Gov. Brownback signs Kansas income tax cut bill - KOAM TV 7

Gov. Brownback signs Kansas income tax cut bill

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Today Gov. Sam Brownback signed a measure into law that will make additional income tax cuts over the next five years while generating new revenue through higher sales taxes and other adjustments.

Brownback says the changes make the Kansas tax code "fairer, flatter and simpler for families and small businesses."

The changes in income tax rates include an adjustment in the standard deduction for personal income taxes starting in tax year 2014.

The legislation also addresses the state sales tax, which had been scheduled to drop in July from 6.3 percent to 5.7 percent. Lawmakers voted instead to trim the rate slightly to 6.15 percent, which will raise an estimated $777 million over five years.

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