NICK GOSNELL
Hutch Post
TOPEKA, Kan. — According to a social media post from Kansas State Rep. Paul Waggoner, the Republican tax package is due on the floor this week at the statehouse.
An advocate for small businesses in Topeka, Dan Murray with NFIB's Kansas chapter, talked to Hutch Post earlier this week about the importance of tax relief to small business owners.
"We know that property taxes are the most reviled of the taxes that we have," Murray said. "Certainly, we'd love to see some of that taken care of. The Governor, in her tax proposal, calls for what the state can do, in terms of property tax reform. We do collect 20 mills for school funding. The first $40,000 of that is exempt, so the first $40,000 of valuations for residential properties are exempt. Her proposal calls for up to the first $100,000 to be exempt. I think that's something we could embrace and look towards. Most small business owners file at the individual level."
Waggoner said the proposal includes a 5.25% flat rate on all income. The current proposal does address property tax relief (through raising to $80,000 from $40,000 the property value threshold) and ending the food sales tax on June 30th. This would be over $500 million in tax relief, as proposed.
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