In Kansas, tax revenues for the month of August came in more than $10 million short of expectations, according to the Kansas Department of Revenue.
That means, notes The Lawrence Journal-World, in order to balance the state budget Gov. Sam Brownback may need to order more spending cuts.
Individual income taxes actually came in nearly $15 million above estimates. In previous months, individual taxes have been one of the big sources of revenue shortfalls. But the problem came when retail sales and corporate income taxes were counted. The state had expected to take in about $10 million in corporate income taxes. It actually received only a little over $300,000.
This prompted much chin scratching among critics, since corporate income taxes weren’t included in Gov. Sam Brownback’s controversial tax cuts. Democrats have consistently pointed to the tax cuts as the catalyst for the state’s tumbling economy. Earlier this year Brownback was forced to order $97 million in cuts to balance the previous year’s budget.
