County property tax nearly triples rate of inflation and population
- Tax & Spending
- March 8, 2018
States across the country are joining the “Flat Tax Revolution,” in which a tax system with graduated rates based on income is modified so that one, typically lower, tax rate is applied to everyone’s taxable income. A few weeks ago, we discussed some reasons why a flat tax is beneficial, and now, here are six
READ MOREIn October 2022, Kansas was on track to recover to January 2020 job levels by the end of this year. However, November’s job report fell flat on these expectations. The state lost 1,000 private-sector jobs, with a job growth rate worse than 41 other states. This month, Massachusetts and Oklahoma joined 27 other states that
READ MOREOver the last year, a “Flat Tax Revolution” kicked off with four states across the country enacting legislation to go down to a single personal income tax rate; Kansas, along with many states, has a graduated system whereby different income levels are taxed at different rates. The Sunflower State would likely benefit from joining those
READ MOREThis year’s underperformance in job growth and overall economic activity is now significantly impacting state revenue, according to the November tax collection report. It’s another sign that Kansas needs tax relief to end its five decades of stagnation. Compared to November 2021, the income tax collected last month was only 0.9% higher. With 12-month inflation
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