Override of Governor's Veto of Tax Bill Hurts Small Business

Date: June 07, 2017

Dan Murray, state director of the National Federation of Independent Business, released the following statement today in response to the Kansas Legislature’s vote to override Governor Brownback’s veto of a measure creating a retroactive tax increase for small businesses and other taxpayers:

“Last night’s vote puts small-business owners and other taxpayers in a tough spot. By passing the original legislation and then overriding the governor’s veto, the Legislature has changed the rules in the middle of the game. Unlike some members of the Legislature, small-business owners plan ahead. They make a budget and stick to it. Those budgets include money set aside to pay taxes. By creating this retroactive tax increase, the Legislature has thrown all of those budgets into disarray. What the Legislature forgot or chose to ignore was that businesses in general and small businesses in particular need predictability. They’re not going to expand or create jobs if they don’t have confidence that the Legislature isn’t going to pull the rug out from under them.

“NFIB is urging its members to check with their tax advisors so they can prepare for the damage of this legislation.

“Our members want to thank the legislators who stood up for small businesses and other taxpayers and voted against this outrageous legislation and voted to uphold the governor’s veto. Our members want to remind those legislators who supported this retroactive tax increase that small-business owners and their employees and their families support the candidates who support small business.”

NFIB is the state’s leading small-business association. To keep up with NFIB in Kansas, visit www.NFIB.com/KS and follow @NFIB_KS on Twitter.

 

Related Content: Small Business News | Economy | Kansas | Taxes

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