retirement taxes Archives - Kansas Policy Institute

Combating inflation at the state level 0
- Tax & Spending
- August 29, 2022
Last Friday, the Dow Jones Industrial Average plummeted by 1,000 points after Federal Reserve Chair Jerome Powell indicated that interest rates would remain high to fight inflation. Kansans don’t need to be told that inflation is rampant as prices this July were 8.6% higher than what they were last year. Much of the broader causes
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Solutions to Kansas’ High Property Taxes 0
- Tax & Spending
- November 8, 2021
When you think of some of the highest taxes in the country, you don’t immediately think of Iola, Kansas. But, you should. According to the Lincoln Institute of Land Policy’s research – highlighted in Kansas Policy Institute’s 2021 Green Book – a city the size of Iola had some of the highest effective tax rates
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Use Excess Revenues for Tax Relief, Not More Spending 0
- Tax & Spending
- October 7, 2021
Kansas took in 33% more in revenues in the first quarter of FY 2022 than the first quarter of FY 2020 before the COVID-19 pandemic, according to the Kansas Department of Revenue’s 2021 report. This trend isn’t new: in FY 2021, the state recorded an actual collected tax revenue $758 million higher than its estimate.
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Tax Ideas for the 2022 Kansas Legislative Session 0
- Tax & Spending
- August 31, 2021
In wake of a massive tax revenue surplus, the state of Kansas should reduce its tax burden. Legislators should consider eliminating unfair taxes on retirees, reforming how state institutions use a property tax allocation to repair their buildings, and other burden-relieving tax options in the FY 2022 session. The Current Environment In their June 2021
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