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Kansas tax outlook improving, but state still set to spend more than it receives

NOVEMBER 8, 2019 | by Jonathan Shorman | THE WICHITA EAGLE

After lawmakers repealed Brownback’s signature income tax cuts in 2017, Kansas’s cash reserves quickly swelled to $1.1 billion… He acknowledged the forecast does not take into account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.

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