Passive Income Taxed???
Well, if some State Senators in Kansas had their way, they’d like to… I came across an article the other day explaining just that. In this article, “Senate explores $115 million tax hike on ‘passive’ income,” written by Tim Carpenter, Topeka Capital-Journal on March 12, 2015, the writer outlines Senate Bill 260. Apparently, the chairman … [Read more…]