Will an offset save proposed tax on digital goods?

0
1390

An offsetting tax reduction may be needed to save a proposal by Gov. Laura Kelly's administration to tax digital goods.

"The first step, if it is to go anywhere, is to find out if a revenue-neutral alternative is palatable," said Republican Rep. Steven Johnson, chairman of the House tax committee.

Johnson's remarks came after the tax committee heard testimony on a proposal to tax digital products as a way of balancing the marketplace with brick-and-mortar retailers.

The governor's tax council last year recommended taxing digital products, which is expected to bring in about

This content is restricted to subscribers. Click here to subscribe. Already a subscriber? Click here to login.