Tag: Tax abatements
Kansas economic growth policy should embrace dynamism
A dynamic market where many new business startups attempt to succeed and thrive while letting old, unproductive firms die is what contributes to productivity and economic growth. But most economic development policies, including those of Kansas and Wichita, do not encourage this dynamism, and in fact, work against it.
Kansas and Wichita quick takes: Wednesday December 1, 2010
Today: Education, Kansas National Education Association, Economic development, Tax abatements, Subsidy.
Kansas ranks low, says Tax Foundation
New rankings published by the Tax Foundation indicate that the business tax climate in Kansas is poor. Kansas ranks 35th among the 50 states, just 15 spots from the bottom. In last year’s ranking, Kansas placed 32nd, so our state is slipping relative to other states.
Wichita’s alphabet soup of ‘tax tricks’
I want to commend the courage shown by the October 10 Sunday editorial “Get control of incentives.” It takes some intestinal fortitude to speak out against the “tax tricks” (wonderful description) that have been foisted on the city and county taxpayers already burdened by federal, state, and property taxes.
Economic incentives and corporate welfare in Wichita
At a Wichita city council meeting, economic development incentives in the form of property tax abatements are discussed.
Economic development planning in Wichita on tap
Tuesday’s meeting of the Wichita City Council features four public hearings concerning Community Improvement District. One CID also will have a public hearing on its application for tax increment financing (TIF).
Kansas airports and their economic impact
Last week’s release by the Kansas Department of Transportation of a study of the economic impact of Kansas airports caused quite a stir, with newspapers such as the Los Angeles Times (at least its online version) carrying the Associated Press coverage.
Kansas tax burdens getting heavier, studies show
While Kansas ranks in the middle of the states in total tax burden, the state’s take is getting larger, compared to other states.
More intervention for Wichita proposed
Tomorrow the Wichita City Council will consider accepting petitions for the formation of another Community Improvement District. In this case the applicant is the Broadview Hotel in downtown Wichita.