2014
06/30

Category:
Revenue

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Jordan: Kansas tax revenue to stabilize by end of June

$310 MILLION BUDGET SHORTFALL

Revenue Secretary Nick Jordan said the state will turn the corner in June after a two-month revenue crash of $310 million.

He insists the primary culprit is investor reaction to federal tax policy — not Gov. Sam Brownbacks income tax cuts.

Jordan rejects speculation the state is delaying income tax refunds to temporarily boost the treasury.

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