At The Rail Columns
Syndicated to Kansas newspapers Feb. 6, 2017
This may be the week when you grab your wallet—or maybe consider buying a smaller one—as the House but mostly the Senate start assembling their tax-increase bills to boost the state’s cashflow.
The House Tax Committee will start assembling its bill this week, but the Senate has one all glued together, ready for committee hearings this week and maybe debate in the full Senate by week’s end.
Nobody’s scrapping much about the provision which will tax the non-wage income of owners of those cute little LLCs that nobody knew anything about until they were declared income tax exempt in 2012. Key is that apparently most folks who actually pay Kansas income tax would like those LLCs and similar firms (farms, the self-employed and such) to chip in some tax money to the state.
But it’s the other taxes that are spine-tingling for some.
Syndicated to Kansas newspapers Jan. 30, 2017
Yes, we’ve read them. The dozens of stories about some little agency we’ve never heard of, and aren’t exactly sure just what it does or for whom, which is going to lose money under Gov. Sam Brownback’s proposed budget for the next two years.
While every agency does something that makes life better or safer or at least regulates manicurists, if you go to the big budget numbers on state activity that we notice every day, well, you generally wind up at the Kansas Department of Transportation. That’s KDOT, or maybe the “Bank of KDOT” if you are withdrawing state sales tax revenues dedicated to it and spending that money on other stuff.
Last week, we got the real look at the governor’s plan to make a withdrawal from the Bank of KDOT. Starting July 1, the governor plans to take back $525.3 million in sales tax from KDOT, and the year after $533 million.
Jan. 26, 2017
Syndicated to Kansas newspapers Jan. 23, 2017
“I wouldn’t have a dog that doesn’t pull at the leash.”
That was dad decades ago, but the concept that a dog is curious, eager to reach out, to pull against restraints, well, that shows the dog has heart.