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megasubsidy

  • High March 2022 Kansas Tax Collection: Time for Tax Relief

    High March 2022 Kansas Tax Collection: Time for Tax Relief0

    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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  • Mega subsidy: budget deficits, no tax cuts for people

    Mega subsidy: budget deficits, no tax cuts for people0

    The Kansas Legislative Research Department (KLRD) says Governor Kelly’s plan to give more than a $1 billion mega subsidy to a mystery company will create a budget deficit in FY 2026.  But the deficit will hit at least a year earlier if the mega subsidy is approved. KLRD’s standard methodology accounts for anticipated social service

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