Income Tax Archives - Kansas Policy Institute

Green Book 2020: Gov. Kelly Vetoes Relief From Nation’s Highest Property Tax Rate 0
- Tax & Spending, Tax & Spending Research
- June 8, 2020
With school closures, businesses shuttered for months, and inconsistent unemployment relief, Kansans’ well-being is in serious trouble. Governor Kelly’s history of denying Kansans tax relief and most recent action to veto the legislature overwhelming approval of property tax relief will only make matters worse. Our 2020 Green Book summarizes what 20+ years of Governor Kelly-like
READ MORE
Kansas April jobs report suggests an economic free-fall 0
- Tax & Spending
- June 1, 2020
During the worst of the public health crisis, Kansas Governor Laura Kelly locked in place the COVID-19 economic shock. That means state policy closed businesses and ended jobs longer than necessary. As a result, the April jobs report announced Kansas lost 130,400 total jobs. Analysis of this jobs report suggests the state economy is shrinking
READ MORE
Kansas Consensus Undervalues COVID Economic Impact – Part 1 0
- Tax & Spending
- April 22, 2020
Recently, state forecasters predicted a substantial reduction in state tax revenues as an economic impact of COVID-19. However, comparisons to the Great Recession as well as state forecasters’ history of projections can give key insights. They suggest the state government will have another off-target tax revenue prediction. On April 20th, economists and analysts from the
READ MORE

COVID-19: prepare for large state budget deficits 0
- Tax & Spending
- April 9, 2020
There are no pandemic economic models to follow but the economic fallout and state budget deficits from the COVID-19 shutdown will be enormous. Some economists speculate the impact could be even worse than the 2009-10 recession. Only time will tell if the public health benefits of stay-at-home orders were worth the economic ramifications and related
READ MORE
Kansas law threatens charitable giving during COVID-19 outbreak 0
- Tax & Spending
- April 6, 2020
Last month, Congress passed, and the President signed, a comprehensive package intended to combat the public health and economic impacts bought about by the novel coronavirus (COVID-19) outbreak. Termed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this legislation pays out roughly $2.5 billion in federal tax reduction for those who make cash donations
READ MORE
Gov. Kelly’s 2020 budget: Five things you should know 0
- Tax & Spending
- January 20, 2020
Governor Kelly had an opportunity to exhibit fiscal restraint when presenting her budget last week. With state tax revenues coming in higher than expected – partly because of recent record tax hikes – the Kelly Administration missed a chance to build a structurally-balanced budget. Instead, this budget breaks a new record in spending for the
READ MORE