Opinion Columns & Blogs

No economic, tax reason for business exemption

Gov. Sam Brownback “made a terrible error when he exempted from tax all income from pass-through entities,” David Brunori wrote for Forbes magazine. In addition to being unfair, “there is no economic or tax reason for exempting income earned through an LLC or a partnership,” Brunori said. “In fact, exempting such income is contrary to the accepted principles of sound tax policy.” However, Brunori gave Brownback credit for de facto acknowledgment of his mistake by supporting a tax increase. But wouldn’t the correct response to an unsound tax policy be to undo the mistake, not shift even more tax burden to low- and middle-income Kansans? – Phillip Brownlee