Story posted on Kansas.com questions the costs of Gov. Sam Brownback’s tax propsal. Projections now show the plan, which decreases individual income tax rates while axing many deductions and credits, would cost nearly $90.million in the 2013 fiscal year. That seems to challenge the notion Brownback embedded in his State of the State address a week ago that it would not cost much, if anything, and would fully fund the 2012 budget.
The new figures also spoil Brownback’s insistence that his budget would lead to a 7.5 percent surplus next year.
Read more at Kansas.com.
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