Tax relief is on it’s way for the majority of Kansans. Yesterday, June 18th, the Kansas House and Senate wasted no time in passing a compromise tax relief plan that has been agreed upon by Governor Laura Kelly. In a joint statement, Senate President Ty Masterson, and House Speaker Dan Hawkins say that after 2 years of hard work, by the legislative tax committees and multiple vetoes by the governor, long overdue tax relief for all Kansans is now on its way.
Seniors will greatly benefit from the elimination of the tax on social security. A simplified, lower, dual-income tax rate with expanded deductions and exemptions will provide immediate relief for all hardworking Kansans. Lower-income families receive a significant break by eliminating their income tax burden altogether. The higher property tax exemption for homeowners and the increased child tax credit will also greatly benefit Kansas families. They call it a step in the right direction and say that when the Legislature reconvenes in January, they will get to work on providing even more tax relief.
