No Tax Cuts For Kansas Despite Budget Surplus Worth BILLIONS

This one is easy to blame on Guv Kelly . . . However, let's not forget big promises from GOP politicos about giving cash back to their constituents.

Here's the money line . . .

Republican leaders went into the final days of the GOP-controlled Legislature's annual session hoping to override Gov. Laura Kelly's veto of a bill cutting taxes nearly $1.4 billion during the next three years. Instead, a Republican senator helped kill the GOP bill after voting for it the day before -- and promptly lost his committee chairmanship.

Legislators adjourned Friday night without overturning Kelly's veto or passing another bill. The state now expects to have a surplus of nearly $2.6 billion at the end of June 2024, on top of $1.6 billion socked away in a separate rainy day fund, when annual tax collections are roughly $10 billion.

"Everybody's going to be frustrated -- business owners, families, households," said Kansas House tax committee Chair Adam Smith, a Republican from far western Kansas.

Read more via www.TonysKansasCity.com link . . .

A veto and a switch: Kansas to see no big tax cuts this year

TOPEKA, Kan. (AP) -- No big tax cuts are coming for Kansas residents even though the state treasury is bulging with surplus cash and the Democratic governor and top Republican lawmakers both said over and over that families need relief from inflation.

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