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Thursday, May 3, 2012

Taxes

Blogs                                                                                                                             
Tax Foundation | Kansas Legislators Review Tax Cut Estimates
The Kansas City Star reports that legislators are reacting cautiously to plans to cut Kansas's income tax after analysts have revised the estimated revenue loss through 2018 from $900 million to just $160 million. The change came from increasing projected sales tax growth from 3.75% a year to 4% a year.