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  • Think Long-Term Relief with FY 2022 Tax Revenue

    Think Long-Term Relief with FY 2022 Tax Revenue0

    In June of 2022, the state of Kansas’s total tax revenue was $856.8 million, which was 2.2% greater than the estimates for this month. This includes $303.6 million in sales taxes and $523.8 million in income taxes. The revenue collected for June of this year was 7.7% higher than what it was in June of

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  • Kansas and 17 Other States Lose Private-Sector Jobs in May

    Kansas and 17 Other States Lose Private-Sector Jobs in May0

    The May Labor Report from the Kansas Department of Labor shows Kansas lost 1,200 private-sector jobs. Kansas was one of only 18 states that lost jobs this month, while the nation overall added 241,000 private-sector jobs. Updated jobs numbers for April show that private-sector jobs were 500 more than what was estimated last month; previous

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  • Income Tax Increases from Inflation Lose Kansans Wealth

    Income Tax Increases from Inflation Lose Kansans Wealth0

    Pay increases for Kansan families were undermined over the past year by inflation, causing a loss on average as changes in salaries failed to keep up with big price increases. At the same time, Kansas state income tax increased from inflation-drive wage increases. From April 2021 to April 2022, Kansans’ average nominal weekly earnings increased

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  • Declining April Jobs in Kansas Amidst Recession Fears

    Declining April Jobs in Kansas Amidst Recession Fears0

    The April Labor Report from the Kansas Department of Labor shows Kansas lost 100 private-sector jobs. Updated jobs numbers show that private-sector jobs in March were 3,000 more than what was estimated last month; previous job numbers are routinely updated in subsequent months to reflect more accurate data estimates for the time. At the same

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  • Turn Short-Term Surpluses Into Long-Term Tax Relief

    Turn Short-Term Surpluses Into Long-Term Tax Relief0

    If it wasn’t clear enough already, recent tax estimate updates show Kansas is awash with excess funds from over-taxation. The Kansas Legislative Research Department’s recent tax revenue estimate update for April 2022 increased the estimate for FY 2023 by $407.8 million for a whopping total of $9.5 billion in State General Fund tax collections. It’s

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  • Can February 2022 Kansas Jobs Numbers Help Slow Inflation?

    Can February 2022 Kansas Jobs Numbers Help Slow Inflation?0

    The February Labor Report from the Kansas Department of Labor shows Kansas gained 8,100 private-sector jobs. This represents a monthly job growth rate of 0.7%, which is slightly under the 0.9% growth rate in July 2021. This report contained revised numbers for previous months, bringing January 2022’s total job numbers down by 15,000 and increasing

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