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Posted: Friday, 05 October 2012 11:16AM

Kansas Voting on a Boatload of Taxes



     WICHITA - Kansas residents will decide in November whether to reduce property taxes for boat owners.
    
Supporters say the constitutional amendment on the November ballot will make the state's tax rates on boats similar to surrounding states. They say Kansas rates can sometimes be eight times higher than those in adjoining states.
    
Opponents say the amendment is being pushed mostly by sports fishermen who want to save money on expensive boats. They say regulations in Kansas have helped create a strong market for used boats.
     B
oats in Kansas currently are classified in the "other" category of personal property. They are taxed at 30% of value multiplied by the county's mill levy.

 


AP News
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Locations : Kansas
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10/05/2012 11:27AM
Kansas Voting on a Boatload of Taxes
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