Bill introduced in Kansas legislature to eliminate corporate income tax

Illinois just increased its corporate income tax by thirty percent. In Kansas, a bill was introduced today in the state legislature to completely phase out its corporate income tax.

From the Wichita Eagle:

This legislation is a critical step towards getting Kansans back to work," Wichita Metro Chamber of Commerce CEO Bryan Derreberry said in a news release. "For too long, Kansas workers have been sidelined due to us losing the battle of competition with other American states. The elimination of the corporate income tax is clearly a game changer."

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