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Main Street Kansas Applauds ‘Long-Awaited’ Tax Cut Deal

Main Street Kansas Applauds ‘Long-Awaited’ Tax Cut Deal

June 14, 2024 Last Edit: November 27, 2024

NFIB Kansas urges Governor Kelly to swiftly sign tax cuts into law.

TOPEKA (June 14, 2024) – Following Governor Laura Kelly and lawmakers’ announced deal to cut Kansans’ taxes, NFIB State Director Dan Murray issued a statement applauding the plan as a long-awaited victory for Main Street:

“Main Street is relieved Governor Kelly has finally agreed to cut taxes. Our members want to thank the Legislature for their efforts to provide tax relief. In the past several years, neighboring states have significantly lowered their tax rates, leaving Kansas in the dust. We know inflation is the single biggest problem small business owners face. These long-awaited tax cuts will allow our job creators to raise wages, expand benefits, and invest in their businesses, bolstering the local economy. Reforming the tax code is a good first step to improving the business climate here in Kansas.”

Background:

recent NFIB survey found that 22 percent of small businesses report inflation as their single most important problem in operating their business. The report’s Uncertainty Index rose nine points, the highest reading since November 2020. CLICK HERE to view the full survey.

In March, Kansas small business owners participated in NFIB’s Small Business Day in Topeka, where job creators discussed the importance of tax relief among other issues.

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