Opinion Columns & Blogs

Will state miss its tax revenue targets again?

State lawmakers are warily awaiting Friday’s report on March tax collections. The state has collected less than its revenue projections 11 of the past 12 months, creating budget shortfalls and triggering funding cuts. Gov. Sam Brownback’s administration is consulting with experts in other states to identify ways to make the projections more accurate, the Topeka Capital-Journal reported. But many argue that the state income tax exemptions are what’s making it difficult to predict the state’s tax revenue. Scott Drenkard, an economist with the Tax Foundation in Washington, D.C., contends that the business pass-through income exemption encourages tax avoidance. – Phillip Brownlee

  Comments