Kansas Tax Outlook Improving, But State Still Set To Spend More Than It Receives.

After lawmakers repealed Brownback’s signature income tax cuts in 2017, Kansas’s cash reserves quickly swelled to $1.1 billion… He acknowledged the forecast does not take into account the possibility of future recession… Under current spending levels, Kansas will end the next fiscal year with a surplus of $722 million.

Read the full article on: The Wichita Eagle

Truth in Accounting

Jonathan Shorman | November 8, 2019

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