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Tax cuts without new revenue could kill Kansas reserves

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Kansas Gov. Sam Brownback New estimates show that Kansas would wipe out its financial reserves and be forced to cut $64 million next year and $545 million in 2015 if lawmakers dont agree to retain a higher sales tax and cut some tax deductions, The Wichita Eagle reports. Gov. Sam Brownbacks finance division released the estimates on Friday. They are part of Brownbacks case for extending a sales ...

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