Glitch concerning deductions lurks in new Kansas tax law

[proud2BlibKansan]

The mammoth new tax bill passed in May was supposed to cut Kansas income taxes and still allow deductions for donations to charity and interest paid on home mortgages.

Well, maybe not.

The tax bill signed into law by Gov. Sam Brownback last month contains a glitch that sends conflicting signals about whether the deductions would be repealed or not, The Kansas City Star has learned.

Passed in a flurry of action toward the end of the legislative session, the bill contains a clause that appears to repeal itemized deductions. However, the same bill leaves in place a section of state law allowing itemized deductions.

Read more here: http://www.kansascity.com/2012/06/03/3640405/glitch-lurks-in-kansas-tax-law.html#storylink=cpy

[lastlib]

1. D@#& repug troglodytes can't do anything right.

[proud2BlibKansan]

2. My favorite is how they turn down federal money

They just refused to accept $1.3 million for the arts commission.

Idiots don't seem to realize that money just goes to another state. It's not like it doesn't get spent.

[RKP5637]

3. F'ed up as usual anymore. n/t