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(AP) – Kansas Gov. Sam Brownback has signed massive cuts in state income taxes into law.

Brownback signed the bill during a Statehouse ceremony Tuesday.

A contentious debate continues about whether the cuts will usher in economic prosperity or create massive budget problems.

The law will cut individual income tax rates for 2013 and eliminate income taxes for the owners of 191,000 businesses.

Coupled with a sales tax reduction already scheduled for July 2013, the income tax cuts would provide $231 million in tax relief for the fiscal year beginning July 1. The annual figure would grow to $934 million after six years.

A forecast from the Legislature’s research staff shows that a budget shortfall would emerge by July 2014 and, if left unchecked, grow to nearly $2.5 billion by July 2018.

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About jwmartinez

JoLynne is a journalist and educator. She holds a bachelor's degree in journalism from the University of Kansas and a Master of Arts in Teaching from Park University and is certified to teach high school journalism and English. Former employment includes work for Cable News Network and the University of Missouri-Kansas City in addition to freelancing for clients such as the Kansas City Star and The Pitch.

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