Kansas GOP Insider (wannabe): Someone's gotta give

Wednesday, May 22, 2013

Someone's gotta give

The House and Senate are running out of time reach a tax package compromise.

There are varying reports on how close the two are. At issue: The sales tax rate. The Senate has "compromised" its proposal to 6.25 percent -- from an initial proposal of 6.3 percent. What a bunch of clowns they are. They came down .05 percent. 

Meanwhile, a House plan has ratcheted up its proposed sales tax rate from 5.7 percent to 6.0 percent. At least they're apparently willing to go halfway, even though the House was on the side of right in its initial refusal to budge from a 5.7 percent sales tax rate.

Other proposals have moved those rates around a bit -- exempting any sales tax rate above 5.7 on food.

The House rejected the Senate's last offer and asked to meet tomorrow at 9:30 a.m. Senate says it will make a counter offer to its last offer this evening. (At least I think that's what's happening.)

Long story short: They're still negotiating. The clock is running out on the statutory 90-day session, which lawmakers expected to last only 80 days. 

Stay tuned.  

No comments:

Post a Comment