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Kan. Senate’s GOP leaders have plan to boost your income taxes

TOPEKA, Kan. (AP) — The Latest on the Kansas Legislature’s debate over taxes (all times local):

Photo by KHI News Service File Photo Sen. Laura Kelly, a Democrat from Topeka

A Kansas House committee is preparing to be aggressive in drafting a plan to increase personal income taxes to address the state’s ongoing budget problems.

A majority of Taxation Committee members indicated during an informal discussion Monday that they’re ready to propose raising taxes between $900 million and $1.2 billion over two years.

The state is facing projected budget shortfalls totaling $1.1 billion through June 2019. Kansas has struggled to balance its budget since Republican lawmakers slashed personal income taxes in 2012 and 2013 at GOP Gov. Sam Brownback’s urging.

Senate Republican leaders have drafted a plan for income tax increases that would raise $660 million through June 2019. The Senate Assessment and Taxation Committee expects to debate it Tuesday.

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11:05 a.m.

Top Republicans in the Kansas Senate have outlined a plan to backtrack on personal income tax cuts championed by GOP Gov. Sam Brownback.

A bill before the Senate tax committee Monday would raise $660 million over two years. The state faces projected budget shortfalls totaling nearly $1.1 billion through June 2019.

Senate Majority Leader and Overland Park Republican Jim Denning said the plan is a starting point for debating tax increases. But Democratic Sen. Laura Kelly of Topeka said the plan is “not good enough” to balance the budget.

Republican legislators slashed personal income taxes in 2012 and 2013 at Brownback’s urging in hopes of stimulating the economy.

The bill would raise rates for all income taxpayers and end an exemption for more than 330,000 farmers and business owners.

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