Tag: Tax increment financing
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Kansas and Wichita quick takes: Monday October 31, 2011
Today: Wichita City Council; Crony capitalism; Kansas pensions; Global economics to be discussed in Wichita; Progress, or not; Business and politics.
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Kansas and Wichita quick takes: Wednesday October 26, 2011
Today: Tax increment financing; Tax incentives questioned; The Moral Case Against Spreading the Wealth; Political pretense vs. market performance; Increasing taxes not seen as solution.
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Wichita economic development: And then what will happen?
Critics of the economic development policies in use by the City of Wichita are often portrayed as not being able to see and appreciate the good things these policies are producing, even though they are unfolding right before our very eyes. The difference is that some look beyond the immediate — what is seen –…
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Ken-Mar TIF district, the bailouts
Circumstances surrounding the Ken-Mar shopping center in northeast Wichita illustrate how inappropriate it is for the city to serve as either entrepreneur or partner with entrepreneurs, and is another lesson in how Wichita needs pay-to-play laws.
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At Wichita City Council, facts are in dispute
Some Wichita City Council members, including Mayor Carl Brewer, criticize citizens for their use of inaccurate and misleading information. So how do the statements made by council members fare when subjected to scrutiny?
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In Wichita, private tax policy on the rise
In a free society with a limited government, taxation should be restricted to being a way for government to raise funds to pay for services that all people benefit from. But in the city of Wichita, private tax policy is overtaking our city.
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Kansas and Wichita quick takes: Monday September 12, 2011
Today: TIF not good for everyone, it seems; Wichita City Council; Williams lecture not noticed; Energy and politics to be topic; Pompeo on ideological internships; Spending to create jobs; Kansas education summit; Why liberals should like libertarian ideas.
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Kansas and Wichita quick takes: Friday September 9, 2011
Today: A citizen call to action; Troubles with Kansas City tax increment financing; Effects of stimulus on hiring; Kansas education summit; Why should conservatives like libertarian ideas?
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In Wichita, how tax increment financing can channel tax money
The flow of tax dollars Wichita city leaders have planned for Douglas Place, a proposed hotel in Wichita, creates a mechanism where taxpayer funds are routed to a politically-connected construction firm. And unlike the real world, where developers have an incentive to build economically, the city has created incentives for Douglas Place developers to spend…
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Real Development’s troubles should be red flag for Wichita
Recent new stories that a prominent Wichita office building developed and owned by Real Development suffers from severe problems should cause the City of Wichita to halt any new partnerships being considered with the company, and to seek to remove itself from agreements that exist.
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Wichita City Council bows to special interests
Yesterday’s meeting of the Wichita City Council revealed a council — except for one member — totally captured by special interests, to the point where the council, aided by city staff, used a narrow legal interpretation in order to circumvent a statutorily required public hearing process.
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Wichita city council to decide between rule of law, or rule by situation
Tuesday’s Wichita City Council meeting will provide an opportunity for the mayor, council members, and city hall staff to let Wichitans know if our city is governed by the rule of law and proper respect for it, or if these values will be discarded for the convenience of one person and his business partners.