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Hefty income tax package in support of businesses to come into effect

A 1.3 billion Euro income tax package and a range of measures to support businesses will come into effect at midnight tonight. ....

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Detailed text transcripts for TV channel - MSNBC - 20140709:13:43:00

Powerful republican is facing a tough re-election bid because his party is fractured over an issue, unprecedented tax cuts. biggest income tax package in state history. despite some protests of moderate republican, brownback s 2012 tax plan eliminated income taxes for about 200,000 small businesses. unemployment is at the state s lowest level in five years. but the tax cuts have also sparked some protests. teachers criticizing for cutting taxes while schools aren t being funded at constitutionally mandated levels. and the state will face a shortfall of about $213 million in fiscal 2017 because of the tax cuts. and days after brownback signed the tax plan, 55 former legislators decided to create a group called traditional republicans for common sense. among them, former chair of the kansas republican party who ....

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