Kansas Senate passed a $1.8bn flat income tax plan with 5.7% rate, decreasing annually until 2029, despite veto threat from Governor Laura Kelly.

Kansas Senate passed a $1.8bn package for a flat income tax with a veto-proof majority. The plan includes a 5.7% flat income tax decreasing by 0.05% each year until 2029 and increased personal income tax exemptions. The legislation faces potential alteration in the House and opposition from Democratic Governor Laura Kelly, who vetoed a similar plan and rejects any tax plan with a flat income tax.

March 15, 2024
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