Kansas collected 9.3% surplus in taxes in 2021 budget year
July 2, 2021
TOPEKA, Kan. (AP) — Kansas reported Friday that tax collections for its just-concluded 2021 budget year were 9.3% more than anticipated, giving the state its healthiest cash reserves in more than 40 years as the U.S. economy recovers from COVID-19.
The state Department of Revenue's report was certain to spark a push next year in the Republican-controlled Legislature to cut taxes again after GOP lawmakers enacted income tax reductions earlier this year over Democratic Gov. Laura Kelly's veto. As a sign of a solid economy, the numbers also are likely to spur more pressure from Republicans a...
For access to this article please
sign in or
subscribe.
Reader Comments(0)