Tuesday, March 21, 2017

Kansas Flat Tax Scheme Stays Losing

Even the politicos in the Sunflower State are tired of political action committee ponzi schemes that don't deliver the economic benefit promised . . . Here's the latest example:

Kansas flat-tax proposal finds little enthusiasm at Legislative hearing

A flat-tax proposal drew little support during a hearing Monday, though it includes a partial rollback of an unpopular 2012 tax cut that lawmakers tried repealing last month. The free-market think tank Kansas Policy Institute was the only proponent of House Bill 2385, which would have lowered taxes for individuals earning more than $15,000 by setting an across-the-board income tax rate of 3.9 percent.