• 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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  • 2022 Green Book: Spend Less, Tax Less, Grow More

    2022 Green Book: Spend Less, Tax Less, Grow More0

    Over the past year, legislators have painted a picture of Kansas as a booming economy, pointing to subsidized business development and continually high tax revenues – more a sign of over-taxation than prosperity – as indicators of growth. However, the data about Kansas’s economic performance relative to taxation in our 2022 Green Book tells a

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  • April 2022 Kansas Tax Collections: Remember a Balanced Budget

    April 2022 Kansas Tax Collections: Remember a Balanced Budget0

    In April 2022, the state of Kansas took in a total tax revenue of $1.5 billion, which was 13.2% greater than the original estimate. This includes a sales tax collection that was 0.4% higher than expected and an income tax collection that was 17.8% higher than expected. Legislators should remember the importance of a balanced

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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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  • Tax Reform Possible Through High February 2022 Tax Revenue

    Tax Reform Possible Through High February 2022 Tax Revenue0

    In February 2022, the state of Kansas took in a total tax revenue of $502 million, which was 3.9% greater than the estimates for this month. This includes $255 million in sales taxes and $212 million in income taxes. The tax revenue collected for February of this year was 10.2% higher than what it was

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  • Tax Revenue Highs Continue into January 2022

    Tax Revenue Highs Continue into January 20220

    In January 2022, the state of Kansas took in total tax revenue of $944 million, which was 14.5% greater than the estimates for this month. This includes $342 million in sales taxes and $574 million in income taxes. This is also 18.7% higher than what it was for the same month last year. In total,

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