Source: Show-Me Institute
by Patrick Tuohey
“Kansas did not experience instability simply because it lowered tax rates. It ran into trouble because revenue fell precipitously and the state did not appropriately adjust its fiscal structure. Lawmakers enacted sharp tax reductions, created a large pass-through exemption, and left spending commitments largely intact. The result was a structural imbalance.” (02/17/26)
https://showmeinstitute.org/article/taxes/the-lesson-from-kansas-and-the-question-for-missouri/