Kansas’ miscellaneous tax revenues down 7.7% in Q3 2021

Kansas’ miscellaneous tax revenues down 7.7% in Q3 2021
Adobe Stock
0Comments

Kansas collected $12 million in miscellaneous tax revenue during the third quarter of 2021, a 7.7 percent decrease from the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

$13 million was reported the previous quarter.

Net sales reflect companies’ total revenue stream, minus the costs of discounts, allowances and product returns.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 Kansas Tax Collections
Type of Tax Amount (millions)
Property Taxes $25
Sales and Gross Receipts Taxes $1,370
Income Taxes $1,175
License Taxes $94
Other Taxes $12

Source: U.S. Census Bureau



Related

Senator Roger Marshall, US Senator for Kansas

Senate passes Investing in All of America Act to boost rural and manufacturing investment

The Senate has approved bipartisan legislation led by Senator Roger Marshall aimed at boosting investment in rural communities and key industries through changes to federal programs supporting small businesses. The bill now awaits President Trump’s signature.

Senator Roger Marshall, US Senator for Kansas

Senator Marshall questions PBM practices and drug pricing at Senate HELP hearing

Senator Roger Marshall questioned experts at a Senate committee hearing about pharmacy benefit managers’ impact on community pharmacies and rising prescription drug costs. Witnesses discussed issues around transparency audits for government contracts and challenges related to biosimilar drugs entering formularies.

Kansas Lt. Governor David Toland

Individual income taxes totaled $4.5 billion in Kansas in 2024

Of the $13.1 billion in taxes collected by Kansas in 2024, 34.5%, or $4.5 billion, came from individual income taxes, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Sunflower State News.