Bloomberg Tax
June 21, 2024, 5:21 PM UTC

State of Tax: Cuts in Two States, No Anti-Tax Vote in California

Leah McBride Mensching
Leah McBride Mensching
Freelance Correspondent

The week in state tax news: Special legislative sessions in Kansas and Arkansas produced income tax cuts, with lawmakers responding to two very different governors’ positions. Meanwhile, California’s Supreme Court dealt anti-tax activists a major blow by throwing their initiative off November’s ballot, and sponsors of a New York bill to provide a business-friendly deadline extension for the SALT-cap workaround aim to push for the measure next year.

Tax Cuts Prevail in Kansas, Arkansas

The political stalemate between majority-GOP Kansas lawmakers and Democratic Gov. Laura Kelly ended Tuesday when both the House and Senate passed tax cut legislation that chamber ...

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