Through the end of March 2020, Kansas state tax revenues have not seen the effect of the economic slowdown due to COVID-19.
Data from the State of Kansas shows that through March 2020, tax revenues to the state have not shown much effect from the economic slowdown in response to COVID-19.
Of the two major tax categories (individual income tax and retail sales tax), both were slightly above estimates. Total tax revenue was down slightly. A nearby table illustrates.
The major taxes that were below estimates were corporate income tax at $8.6 million below estimates, and insurance premium tax at $19.5 million below.
The interactive visualization of Kansas state tax collections has been updated through March and is available here.Learn how you can support the Voice for Liberty. Click here.