New projections of the cost of proposed tax cuts are much better than earlier estimates. An estimate released last week showed the tax cuts creating a $910 million budget hole in 2018. New estimates reduced that gap to $160 million, and lawmakers are working to reduce that deficit even more. But some lawmakers question whether the 4 percent projected sales-tax growth rate is realistic (growth averaged 3.4 percent from 1992 to 2009) and whether the tax cuts will drain funding for social services, fixing the Kansas Public Employees Retirement System, or restoring some of the budget cuts to public schools – which polls show the public favors more than tax cuts.
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