Major tax reform was recently signed into law in Kansas. It reduces and flattens the personal income tax structure, repeals numerous tax credits and exempts certain business income from taxation, among other changes. The new law is intended to create a business-friendly environment, boost the state’s economic growth and create new jobs. Its critics worry that lower state revenues will put public services at risk.
September 2012, Volume 30, Issue 15-16
All Eyes on Kansas
The ACA and Medicaid: To Expand or Not to Expand
In light of the recent U.S. Supreme Court ruling on the Affordable Care Act (ACA), which essentially makes the Medicaid expansion portion of the law optional, many states are now faced with the tough decision of how to proceed. The decision of whether to expand Medicaid is complicated by uncertainties at the federal level as well as a number of political, fiscal and policy considerations that come into play for states.
