Business / U.S. News

Kansas tax hike hailed as fix doesn’t quite balance budget

TOPEKA, Kan. (AP) — The big income tax increase Kansas legislators enacted over Gov. Sam Brownback’s veto won’t balance the budget by itself, despite immediately boosting the state’s credit outlook. Even though the reversal of most of Brownback’s income tax cuts will inject $1.2 billion in new revenue through June 2019, lawmakers will have to … Continue reading