marginal income tax Archives - Kansas Policy Institute

High March 2022 Kansas Tax Collection: Time for Tax Relief 0
- Tax & Spending
- April 4, 2022
In March 2022, the state of Kansas took in a total tax revenue of $679.6 million, which was a whopping 13.4% greater than the estimates for this month. This includes a sales tax collection that was 7.0% higher than expected and an income tax collection that was 16.9% higher than expected. The revenue collected for
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Kansas Needs Long-Term Rate Reductions, Not Election Year Rebates 0
- Tax & Spending
- December 30, 2021
Kansas Governor Laura Kelly has proposed a $250 tax rebate for every taxpayer in Kansas next year. The $455 million price tag on this policy is proposed to be paid for using an anticipated $2.9 billion tax surplus by June of 2022. While one-time election-year rebates are a form of tax relief, taxpayers are far
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How Free is Kansas in 2021?0
- Tax & Spending
- December 28, 2021
Freedom is one of the most evoked ideas in political discussions in Kansas and across America. What does it mean to be free? Part of it includes personal freedoms: the right to hold and express beliefs through things like speech, religion, and all other media. Are there laws that unfairly benefit or harm people in
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marginal income tax