The proposal from Senate Democrats would generate $1.2 billion in new revenues over two years. "It sends a strong message regarding the House position that the "march to zero" income tax policy is no longer acceptable".
The Democrats' tax plan would have brought in more than $1.2 billion over the next two fiscal years.
Tax increases through the revival of a third income tax bracket and the end of the exemption benefiting some 330,000 limited liability corporations advanced through a Senate committee. "How can the state ask for prosperity when it cuts the vital roots of growth?"
Kanye West is focusing on his fashion comeback
Flaunting a full-length fur coat, Aden made her debut with American singer Kanye West's fashion line Yeezy , which presented its Season 5 collection.
The state House was planning to debate a bill Wednesday that would boost personal income taxes to raise more than $1 billion over two years, starting in July.
Senate Republican leaders were pushing a budget-balancing plan last week that included a $128 million education funding cut.
Whether you agree with legislators who believe the tax increases are necessary to deal with the serious budget concerns in Kansas or are opposed to the changes, contact your legislator and make your voice heard.
Industry Pushes for Fewer Product Date Labels
It's an example of the food industry really stepping up and stepping forward to address a consumer challenge". Consumers across America share frustration over food labels; or, more specifically, " expiration " labels.
- A tax bill that would repeal numerous tax cuts Gov. Sam Brownback championed in 2012 easily passed the Kansas House Thursday, but by fewer votes than it received in a preliminary vote a day earlier. It also would have ended the income tax exemption for non-wage income for pass-through entities.
Tax cuts passed by the Republican-controlled legislature since 2012 have punched holes in the state's budgets as revenue failed to meet targets for months.
Molina Healthcare's (MOH) "Hold" Rating Reiterated at Jefferies Group LLC
Molina Healthcare Inc (NYSE:MOH) rose 0.25% or 0.15 points on Tuesday and made its way into the gainers of the day. Jefferies Group LLC's target price indicates a potential downside of 1.49% from the company's current price.