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Tax Structures of Kansas and Nearby States: Part I, Description and Data
Sicilian, Shirley Oslund, Patricia
Sicilian, Shirley
Oslund, Patricia
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Abstract
This study reviews the tax structure of Kansas and six nearby states: Colorado, Iowa, Missouri, Nebraska, and Oklahoma. While the study focuses on business taxes, personal income taxes and residential property taxes are also examined. The findings of the study show that most Kansas tax rates are about average for the region, and per capita tax collections, state and local, were about 1350 USD for Kansas in 1985. This was considerably less than for Colorado (1450 USD), and considerably more than for Missouri (1090 USD). Furthermore, all of the states in the region offer tax incentives for firms which create new jobs, they offer some form of property tax abatements to new and expanding firms, and restrictions on these abatements differ considerably across states. Also, sales tax exemptions for machinery and equipment have been increasingly common as economic development incentives while all but one state in the region, Oklahoma, exempt inventories from property taxes. Finally, Kansas's exemption becomes effective in 1989, and the complex pattern of tax credits, exemptions, and deductions make it difficult to generalize about whether a firm will pay high or low taxes in any specific state. So, the details of the firm, the exemption credits, and deductions for which it qualifies must be examined on a case-by-case basis.
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1987-10
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Institute for Public Policy and Business Research, University of Kansas
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This item contains archived web content.
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m130.pdf
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Shirley Sicilian and Patricia Oslund. Tax Structures of Kansas and Nearby States: Part I, Description and Data. Institute for Public Policy and Business Research, University of Kansas. Technical Report Series: 130 (October 1987; 83 pages).
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https://ipsr.ku.edu