TOPEKA (AP) – Gov. Sam Brownback’s income tax proposal would put an end to itemized deductions and exemptions claimed by Kansas taxpayers.
Revenue Secretary Nick Jordan said Wednesday that deductions for charitable contributions and mortgage interest payments would be among those eliminated under Brownback’s plan.
But Jordan also says the benefits of those deductions would be offset through future reductions in the overall income tax rate.
Brownback outlined the plan in his State of the State address, saying the changes would put more money in the pockets of Kansas residents and small business owners.
The Republican governor also said future revenue growth should be used by legislators to reduce the tax rates to zero.