Kansas Governor Laura Kelly to Veto New Tax Cuts, Calls for Special Session
Governor Kelly's decision comes after lawmakers passed tax cuts she deems unsustainable, sparking a special legislative session to renegotiate.
- Kansas lawmakers passed a new tax cut package, which Governor Laura Kelly plans to veto due to concerns over budget sustainability.
- The disagreement centers on the structure of personal income tax rates and the potential for future budget shortfalls.
- Governor Kelly has called for a special legislative session to address the tax cuts, emphasizing a cap on annual tax reductions.
- The latest tax proposal from the legislature aims to simplify tax brackets but is projected to exceed Kelly's budget cap by millions.
- Elections loom as both parties grapple with tax policies, with Republicans pushing for broader cuts and Democrats urging fiscal caution.