The bracket roadblock

Syndicated to Kansas newspapers May 29, 2017
Martin HawverIf there’s a major roadblock to enactment of a new tax package for Kansas this legislative session—and nobody’s doubting the state needs more of your money—it’s this “bracket” issue.
It comes down to Gov. Sam Brownback insisting that there be no more than two brackets—setting the level at which different percentages of taxable income are paid, after deductions and credits and such.
Kansas has just two income tax brackets. A married couple filing a joint income tax return falls into one of two brackets. After the deductions and such, if you have a taxable income of less than $30,000? You pay 2.7% of that to the state. More than $30,000? The rate is 4.6%.