Category: Taxation
Pompeo: Impending tax increases threaten economic growth and jobs
An impending increase in federal income tax rates will harm economic growth and job creation, writes U.S. Representative Mike Pompeo.
Brownback on wind, again
This week Kansas Governor Sam Brownback again made the case for extending the production tax credit for wind power.
Corporations are people, too
Attempts to “tax the rich” by taxing corporations don’t work, as we are the corporations, so to speak.
Does government have a revenue or spending problem?
Government has a spending problem, not a revenue problem.
Tax costs block progress in Kansas
If we in Kansas and Wichita wonder why our economic growth is slow and our economic development programs don’t seem to be producing results, there is now data to answer the question why: Our tax costs are high — way too high.
Hauser’s law, or raising taxes won’t work
Hauser’s law illustrates that raising tax rates doesn’t generate more revenue.
Taxes are expensive
It’s very expensive to comply with the federal tax code, requiring the equivalent of 3,500,000 people.
Federal grants increase future local spending
Not only are we taxed to pay for the cost of funding federal and state grants, the units of government that receive grants are very likely to raise their own levels of taxation in response to the receipt of the grants. This creates a cycle of ever-expanding government.