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Kansas tax cuts aim to lure business and jobs
Kansas shifts to zero tax on pass through business profits to spur venture growth while maintaining corporate taxes. The plan lowers personal rates, raises deductions, and cuts state revenue by about 800 million annually, risking education and infrastructure funding as forecasts show a growing budget gap and reliance on new job creation.
MENTIONED IN THIS ARTICLE
Kansas
John Wong
Topeka
Inc
Corp
North Carolina
Donald Bruce
University of Tennessee
Bruce
Kansas General Fund
Lion
Duane Goossen
Kansas Budget
Kansas Health Institute
Kansas Legislative Research Department
Kansas Department of Revenue
Beacon Hill Institute
Suffolk University
Boston
Kansas Policy Institute
Wichita
Paul Bachman
Beacon Hill
Bachman
Brownback
Nick Jordan
Missouri
Jeff Roe
Kansas City
Scott Lindstrom
Polsinelli Shughart PC
Jordan
Lindstrom