Kansas Tax Cuts Signed Into Law

Kansas Gov. Sam Brownback signed a bill on May 22, 2012 that will reduce individual income tax rates for Kansans and eliminate state taxes on business income claimed on individual returns.

 

The tax plan, which was the subject of weeks of intense debate and political maneuvering in the legislature, will reduce the top individual state income-tax rate to 4.9% from 6.45% in 2013. It also will eliminate income taxes on non-wage income for about 191,000 small businesses.

 

Kansas State Tax Table

http://www.halfpricesoft.com/2012/taxrate-kansas-2012.asp

 

Source:http://online.wsj.com/article/SB10001424052702304791704577418641784902500.html

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