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Schmidt Proposes 'Retire Tax Free' to Eliminate Retirement Income Taxes in Kansas

 

Kansas Attorney General and GOP gubernatorial hopeful Derek Schmidt proposed a plan to eliminate state income taxes on retirement benefits and savings for Kansas residents.

Speaking on Bill Small's KGGF Morning Show Thursday, Schmidt said this would be a way to slow down the outward migration of Kansas residents who leave the state after retirement.

Schmidt cited a report saying that one in five Kansas respondents blame what he called the state's high tax burden on retirees as being a significant factor in taking up residence elsewhere after retirement.

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