Monday, April 15, 2019
Kansas City E-Tax Frustration Rises Today
At the outset of Mayor Sly's tenure he talked about reforming KCMO reliance on the earnings tax. 8-years-later the town remains addicted to this supply of cash that mostly confuses nearby suburban residents according to a great deal of social media chatter.
In the lead up to today's tax day last minute rush . . . Locals on across a variety of forums look for help for their tax questions and mostly get HORRIFIC AND COMPLETELY MISTAKEN tax advice.
Accordingly, here's a quick primer on the controversial local levy that always throws off local accounting to Uncle Sam among amateurs:
First a definition of terms . . .
The earnings tax (sometimes referred to as “e-tax”) is a one percent tax on an individual’s earned income such as salaries, wages, commissions, tips and other compensation. It generates revenue that pays for a wide variety of basic City services used by all those who live and work in Kansas City, Missouri. In addition to helping fund basic City services such as repairing roads and weekly trash collection, the revenue from the earnings tax also pays for police officers, fire fighters, paramedics and ambulance services. Revenue from the earnings tax also helps fund snow removal, codes inspection, historic preservation and other City needs.
The earnings tax is paid by any business or person who lives or works in Kansas City, Missouri.
Then take a look at online forms.
And before we get too angry at political leaders.
Remember that Kansas City voters have consistently endorsed the E-tax at the ballot box by EPIC margins despite consistent Jeff City & Rex Sinquefield efforts to repeal the tax.
Developing . . .