Kansas
Bill backed by Kansas Chamber would create single state income and corporate tax rate
One set of tax payments has been launched with the backing of the Kansas Chamber that may change the state’s revenue tax charges. The laws would drop the three tiers of revenue tax, 3.1, 5.25, and 5.7 p.c relying on how a lot you make to five% for everybody after their first $15,000 as a person or $30,000 as a married couple. The invoice would additionally make the company tax fee 5%.