Institute on Taxation and Economic Policy (ITEP)

Kansas

blog  

State Rundown 11/29: Thanksgiving Leftovers Edition

• By ITEP Staff

The State Rundown is back from Thanksgiving break with a heaping helping of leftover state tax news, but beware, some of it may be rotten.

report  

Revised Senate Plan Would Raise Taxes on at Least 29% of Americans and Cause 19 States to Pay More Overall

• By ITEP Staff

The tax bill reported out of the Senate Finance Committee on Nov. 16 would raise taxes on at least 29 percent of Americans and cause the populations of 19 states to pay more in federal taxes in 2027 than they do today.

How the Revised Senate Tax Bill Would Affect Kansas Residents’ Federal Taxes

• By ITEP Staff

The Senate tax bill released last week would raise taxes on some families while bestowing immense benefits on wealthy Americans and foreign investors. In Kansas, 46 percent of the federal tax cuts would go to the richest 5 percent of residents, and 8 percent of households would face a tax increase, once the bill is fully implemented.

blog  

State Rundown 11/8: Online Sales Tax Fight and Tax Subsidy Absurdity Go National

• By ITEP Staff

Internet sales tax fairness efforts gained momentum this week as most states joined together to encourage the US Supreme Court to allow them to collect taxes on online sales. Meanwhile, Montana lawmakers will enter special session next week to plug their revenue shortfall, Mississippi's (self-inflicted) revenue crunch is reaching unprecedented severity, and misguided corporate tax subsidies got mainstream attention from HBO's John Oliver and Rolling Stone.

How the House Tax Proposal Would Affect Kansas Residents’ Federal Taxes

• By ITEP Staff

The Tax Cuts and Jobs Act, which was introduced on November 2 in the House of Representatives, includes some provisions that raise taxes and some that cut taxes, so the net effect for any particular family’s federal tax bill depends on their situation. Some of the provisions that benefit the middle class — like lower tax rates, an increased standard deduction, and a $300 tax credit for each adult in a household — are designed to…

report  

Analysis of the House Tax Cuts and Jobs Act

• By Matthew Gardner, Meg Wiehe, Steve Wamhoff

The Tax Cuts and Jobs Act, which was introduced on Nov. 2 in the House of Representatives, would raise taxes on some Americans and cut taxes on others while also providing significant savings to foreign investors.

report  

9 Things You Should Know About the Tax Debate

• By Richard Phillips

A Chart Book on the U.S. Tax System

news release  

States with Highest Income Tax Rates Economically Outperform States with No Income Tax

• By ITEP Staff

A comparative analysis of economic trends in the nine states that do not levy an income tax and the nine states that levy the highest top income tax rates found that the latter group performed significantly better on more than half a dozen measures of economic well-being, the Institute on Taxation and Economic Policy said […]

blog  

State Rundown 10/25: Marijuana Taxes a Bright Spot amid Underperforming State Revenues

• By ITEP Staff

This week in state tax news saw Alaska begin yet another special session, Louisiana lawmakers holding meetings to begin preparing for the state’s looming (self-imposed) fiscal cliff, and Alabama policymakers beginning a study of school finance (in)adequacy and (in)equity. Meanwhile, state revenue performance is poor well into 2017 in many states, though Montana, Nevada, and Oregon are all enjoying modest but welcome revenue bumps from legalized marijuana.

blog  

State Rundown 10/18: Ballot Initiative Efforts Being Finalized

• By ITEP Staff

Ballot initiatives relating to taxes made news around the country this week, with Oregon voters to consider reversing new health care taxes, Washingtonians to vote on improving education funding, and Nebraskans to potentially vote on a state tax credit for school property taxes. Meanwhile, multiple states are finalizing their proposals to lure Amazon to build a new headquarters in their state, often through the use of massive tax subsidies. And in our "What We're Reading"…

blog  

State Rundown 10/13: Soda Taxes, Business Subsidies, and Gas Taxes Considered in Several States

• By ITEP Staff

A comprehensive tax study is underway in Arkansas this week as other states hone in on more specific issues. Soda taxes hit setbacks in Illinois and Michigan, business tax subsidies faced scrutiny in Iowa and Missouri, and gas tax update efforts are underway in Mississippi and North Dakota.

blog  

State Rundown 10/4: Wildfires in Montana and Tax Cuts in Kansas Wreak Budget Havoc

• By ITEP Staff

This week, Kansas's school funding was again ruled unconstitutionally low and unfair, while Montana lawmakers indicated they'd rather let historic wildfires burn a hole through their budget than raise revenues to meet their funding needs. Meanwhile, a struggling agricultural sector continues to cause problems for Iowa and Nebraska, but legalized recreational marijuana is bringing good economic news to both California and Nevada.

report  

Benefits of GOP-Trump Framework Tilted Toward the Richest Taxpayers in Each State

• By Steve Wamhoff

The “tax reform framework” released by the Trump administration and Congressional Republican leaders on September 27 would affect states differently, but every state would see its richest residents grow richer if it is enacted. In all but a handful of states, at least half of the tax cuts would flow to the richest one percent of residents if the framework took effect.

GOP-Trump Tax Framework Would Provide Richest One Percent in Kansas with 58.3 Percent of the State’s Tax Cuts

• By ITEP Staff

The “tax reform framework” released by the Trump administration and congressional Republican leaders on September 27 would not benefit everyone in Kansas equally. The richest one percent of Kansas residents would receive 58.3 percent of the tax cuts within the state under the framework in 2018. These households are projected to have an income of at least $535,600 next year. The framework would provide them an average tax cut of $84,190 in 2018, which would…

blog  

Indiana’s Tax Cuts Under Mike Pence Are Not a Model for the Nation

• By Carl Davis

In announcing a new tax cut framework this week in Indianapolis that was negotiated with House and Senate leaders, President Trump claimed that “Indiana is a tremendous example of the prosperity that is unleashed when we cut taxes and set free the dreams of our citizens …. In Indiana, you have seen firsthand that cutting taxes on businesses makes your state more competitive and leads to more jobs and higher paychecks for your workers.”

blog  

Poverty is Down, But State Tax Codes Could Bring It Even Lower

• By Misha Hill

The U.S. Census Bureau released its annual data on income, poverty and health insurance coverage this week. For the second consecutive year, the national poverty rate declined and the well-being of America’s most economically vulnerable has generally improved. In 2016, the year of the latest available data, 40.6 million (or nearly 1 in 8) Americans were living in poverty.

report  

State Tax Codes as Poverty Fighting Tools

• By ITEP Staff

Astonishingly, tax policies in virtually every state make it harder for those living in poverty to make ends meet. When all the taxes imposed by state and local governments are taken into account, every state imposes higher effective tax rates on poor families than on the richest taxpayers.

blog  

State Rundown 9/6: Most Statehouses Quiet, Many Pondering Harvey’s Impacts

• By ITEP Staff

It's been a quiet week for tax policy in most states, though lawmakers are still making noise in Pennsylvania, where a budget agreement is still needed, and in Wisconsin, where legislators are searching for the will to raise revenue for the state's ailing transportation infrastructure. In our "What We're Reading" section you'll find interesting reading on the fiscal fallout of Hurricane Harvey, as well as an in-depth series on how states' disaster response needs are…

blog  

State Rundown 8/23: Few Lingering Budget Debates Cannot Linger Much Longer

• By ITEP Staff

This week, Oklahoma lawmakers learned they'll need to enter a special session to balance their budget and that they'll likely face a lawsuit over their low funding of public education. Pennsylvania's budget stalemate is also coming to a head as the state literally runs out of funds to pay its bills. And Amazon's tax practices are in the news again as the company has been sued in South Carolina.

In Kansas 47.1 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million

• By ITEP Staff

A tiny fraction of the Kansas population (0.5 percent) earns more than $1 million annually. But this elite group would receive 47.1 percent of the tax cuts that go to Kansas residents under the tax proposals from the Trump administration. A much larger group, 41.9 percent of the state, earns less than $45,000, but would receive just 4.0 percent of the tax cuts.

report  

Nearly Half of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million Annually

• By ITEP Staff

A tiny fraction of the U.S. population (one-half of one percent) earns more than $1 million annually. But in 2018 this elite group would receive 48.8 percent of the tax cuts proposed by the Trump administration. A much larger group, 44.6 percent of Americans, earn less than $45,000, but would receive just 4.4 percent of the tax cuts.

blog  

It’s a Fact: Voucher Tax Credits Offer Profits for Some “Donors”

• By Carl Davis

In nine states, tax rewards gained by donating to fund private K-12 vouchers are so oversized that “donors” can turn a profit.  This is the shocking but true finding of a pair of studies released by ITEP over the last year.

blog  

State Rundown 8/2: Legislative Tax Debates Wind Down as Ballot Initiative Efforts Ramp Up

• By ITEP Staff

Budget deliberations continue in earnest this week in Alaska, Connecticut, Pennsylvania, and Rhode Island. In South Dakota and Utah, the focus is on gearing up for ballot initiative efforts to raise needed revenue, though be sure to read about legislators nullifying voter-approved initiatives in Maine and elsewhere in our "what we're reading" section.

blog  

State Rundown 7/27: State Legislative Debates Winding Down but Tax Talk Continues

• By ITEP Staff

While only a few states still remain mired in overtime budget debates, there is plenty of budget and tax news from around the country this week. Efforts are underway to repeal gas tax increases in California and challenge a local income tax in Seattle, Washington. And New Jersey legislators' law to modernize its tax code to tax Airbnb rentals has been vetoed for now.

blog  

Sound Tax Policy Made a Comeback in 2017

• By ITEP Staff

2017 marked a sea change in state tax policy and a stark departure from the current federal tax debate as dubious supply-side economic theories began to lose their grip on statehouses. Compared to the predominant trend in recent years of emphasizing top-heavy income tax cuts and shifting to more regressive consumption taxes in the hopes […]