Tax Policy Archives - Kansas Policy Institute

Lockdown effect means 57,000 fewer private jobs 0
- Tax & Spending
- March 15, 2021
In a single calendar year, roughly eight years of Kansas private job growth disappeared. Making matters worse, it occurred after the 2019 economy was already in a perilous position. With 2020 Private-sector job numbers released, Kansas lost roughly 10,000 more private jobs than initially estimated. As a recap, the monthly jobs reported from the Kansas
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The real cost of Government “free stuff”0
- Tax & Spending
- February 25, 2021
It is natural to want to wish away all the hardships and obstacles we face in life. Unfortunately, we know that life does not work out that way. There’s a cost for every decision we make. It applies to politics as well. President Biden & Governor Kelly believe a $1.9 trillion plan will do just
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Kansas RELIEF Act can spur COVID Recovery 0
- Tax & Spending
- February 15, 2021
The Kansas Senate recently passed a Kansas RELIEF Act which returns roughly $450 to $470 million to Kansans. Under a Balanced Budget Plan, the RELIEF Act can spur a statewide economic recovery from the COVID pandemic. The Kansas “Rebuilding Employers and Livelihoods: Investing in Everyone’s Future” or RELIEF Act has many provisions that focus on
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Kelly’s budget raises taxes during recession 0
- Featured
- January 14, 2021
President Obama once publicly admitted that it is a bad idea to raise taxes in the middle of a recession. And yet, under an unprecedented COVID economic downturn, Gov. Kelly’s budget has not one, but two tax increases. These tax hikes financed a record-setting state budget, 29% bigger than in 2017. By contrast, the Governor
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A Kansas Budget for Economic Growth & COVID Protection 0
- Tax & Spending
- January 4, 2021
Kansas government is at a crossroads. One path leads to economic malaise, and an ever-increasing budget financed on the backs of those living paycheck to paycheck. Another path leads to a self-sustaining economy, where every tax dollar spent is knowingly tied to a public benefit. As Kansas lawmakers await and consider Governor Laura Kelly’s tax
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Legislature could turn incoming fiscal shortfall into savings 0
- Tax & Spending
- November 18, 2020
This month, state forecasters and legislative researchers announced a $119 million budget shortfall by the end of the fiscal year 2022. However, they failed to mention that closing the budget shortfall would leave the state with a zero-ending balance with no room for error. Come January 2021, Kansas policymakers have an opportunity to turn this
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