Governor Laura Kelly announced today that total tax collections for March 2023 were $758.3 million. That is $64.9 million, or 9.4%, more than the monthly estimate. That is also $78.7 million, or 11.6%, more than March 2022. “Time and again, we have exceeded our estimated tax collections, providing further proof that we can responsibly axe taxes on groceries, retirement, and property for Kansans,” said Governor Laura Kelly. Individual income tax collections were $314.6 million. That is $438,000 less than the estimate but $16.4 million, or 5.5%, more than March 2022. Corporate income tax collections were $102.6 million, which is $75.6 million, or 279.9%, more than the estimate and $74.9 million, or 271.1%, more than March 2022.
Source: Fort Scott Biz