Following is a chart of the Fiscal Impact of the Tax Cuts supported by Tom Sawyer and enacted since 2005. The accumulated total of just these tax will total over $1 billion once they are all fully implemented by 2013. Most of the biggest tax cuts passed into law with Tom Sawyer's help occured before 2005 and are not included in this table: The 1992 Property Tax Reduction -that cut our property taxes in Wichita by 29%, further property tax cuts in the mid 1990s, Cutting Vehicle Taxes in half in 1995, The enactment of the Homestead Exemption in 1996, enactment of the Earned Income Tax Credit, and enhancements in the Homestead Refund and Sales Tax Refund programs; to name a few of the biggest Tom Sawyer supported tax cuts enacted prior to 2005.
| Estimated Fiscal Notes for Selected Tax Cuts Supported by Tom Sawyer and Enacted into Law Since 2005 | |||||||||||||||
| ($ in millions) | |||||||||||||||
| Session | Bill # | Brief Description | FY 2005 | FY 2006 | FY 2007 | FY 2008 | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | thru FY 13 | |||
| 2005 | SB 256 | Inc Tax Exemption-Military Recruitment Bonuses | $0.000 | -$0.587 | -$0.622 | -$0.660 | -$0.699 | -$0.741 | -$0.786 | -$0.833 | -$0.883 | -$5.810 | |||
| 2005 | SB 133 | Homestead Program - Indexation | $0.000 | $0.000 | -$0.025 | -$0.050 | -$0.075 | -$0.100 | -$0.125 | -$0.150 | -$0.175 | -$0.700 | |||
| 2005 | SB 23 | Repeal of "Clunker" Sales Tax on Used Vehicles | -$5.000 | -$5.175 | -$5.356 | -$5.544 | -$5.738 | -$5.939 | -$6.147 | -$6.362 | -$6.584 | -$51.845 | |||
| 2005 | SB 138 | Certain Tax Credits | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$0.500 | -$4.500 | |||
| 2005 | HB 2040 | Sales Tax Ex - Hearing Aid Repair | $0.000 | -$0.093 | -$0.096 | -$0.100 | -$0.103 | -$0.107 | -$0.110 | -$0.114 | -$0.118 | -$0.842 | |||
| 2005 | HB 2222 | Indiv Devolpment Account Program | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$0.503 | -$4.527 | |||
| 2006 | SB 404 | Numerous Sales Tax Exemptions | $0.000 | $0.000 | -$12.702 | -$15.448 | -$17.291 | -$8.173 | -$8.630 | -$10.087 | -$11.546 | -$83.877 | |||
| 2006 | HB 2583 | Machinery and Equipment tax phase out | $0.000 | $0.000 | -$3.500 | -$27.162 | -$42.737 | -$58.905 | -$63.698 | -$62.729 | -$68.869 | -$327.600 | |||
| 2007 | HB 2031 | Social Security Exemption & EITC Expansion | $0.000 | $0.000 | $0.000 | -$12.900 | -$19.400 | -$21.300 | -$23.400 | -$25.800 | -$26.135 | -$128.935 | |||
| 2007 | HB 2171 | Sales Tax Exemptions - Various | $0.000 | $0.000 | $0.000 | -$0.650 | -$0.673 | -$0.696 | -$0.721 | -$0.746 | -$0.772 | -$4.258 | |||
| 2007 | HB 2240 | Sales Tax Ex - Repair of Transmission Lines | $0.000 | $0.000 | $0.000 | -$3.000 | -$3.387 | -$3.506 | -$3.629 | -$3.756 | -$3.887 | -$21.165 | |||
| 2007 | HB 2476 | Homestead Program Expansion | $0.000 | $0.000 | $0.000 | -$10.500 | -$11.000 | -$11.600 | -$12.200 | -$12.800 | -$13.500 | -$71.600 | |||
| 2007 | HB 2264 | Franchise Tax Phase Out | $0.000 | $0.000 | $0.000 | -$7.000 | -$16.500 | -$26.500 | -$37.000 | -$48.000 | -$50.000 | -$185.000 | |||
| 2007 | HB 2004 | Various Tax Credits | $0.000 | $0.000 | $0.000 | -$4.100 | -$4.100 | -$4.100 | -$4.100 | -$4.100 | -$4.100 | -$24.600 | |||
| 2007 | HB 2540 | Business Disaster Sales Tax Relief | $0.000 | $0.000 | -$0.400 | -$1.600 | $0.000 | $0.000 | $0.000 | $0.000 | $0.000 | -$2.000 | |||
| 2008 | HB 2434 | Various Income, Sales and Property Tax Provisions | -$114.992 | ||||||||||||
| Total These Bills | -$6.003 | -$6.858 | -$23.704 | -$89.716 | -$122.706 | -$142.670 | -$161.549 | -$176.479 | -$187.573 | -$1,032.251 | |||||