Month: May 2012
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Kansas pension debate based on false premise?
As Kansas has struggled to find a solution to the underfunded Kansas Public Employee Retirement System, or KPERS, a possibly false argument has been used against the desirability of moving to a defined contribution pension system.
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Five questions with Mike Pompeo
U.S. Representative Mike Pompeo from Wichita explains his opposition to tax credits for all energy production, the problems with over-regulation of business, and the state of the economic recovery.
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Are you in the top 1%?
Most Americans would be surprised to learn that they are, in fact, in the top one percent of income — when the entire world is considered. It is economic freedom in America that has been responsible for this high standard of living. But America’s ranking among the countries in economic freedom has declined, and may…
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Kansas must improve its budgeting process
This year Kansas made a leap forward in reducing income tax rates. The next step for Kansas is to reduce its spending, both to match the reduced revenue that is forecast, but also to improve the efficiency of Kansas government and leave more money in the hands of the private sector. Specifically, Kansas needs to…
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Kansas STAR bonds vote tests beliefs in capitalism, economic freedom
An upcoming vote in the Kansas Legislature, possibly today, will let Kansans know who is truly in favor of economic freedom, limited government, and free market capitalism — and who favors crony capitalism instead.
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Kansas and Wichita quick takes: Thursday May 17, 2012
Today: Watchdog reporter at Pachyderm; Kansas senators vote for cronyism; Koch = big oil?; Economic freedom; We aren’t Greece … yet.
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In Kansas, phony tax cut debate
Some who oppose cutting income tax rates in Kansas are using slight of hand to make the case that Kansas can’t afford to cut taxes.
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Wichita school spending: The grain of truth
The Wichita school district, like most of the Kansas school spending establishment, uses spending figures containing a grain of truth to make a larger and misleading argument about school spending.
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Kansas tax reform is needed
In Kansas, lower income tax rates are needed to ensure that Kansas has a bright economic future. Failing to reform income tax rates will mean that Kansas will continue to under-perform other states.
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Corporations are people, too
Attempts to “tax the rich” by taxing corporations don’t work, as we are the corporations, so to speak.
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Kansas could grow with lower taxes
Two research papers illustrate the need to reduce taxes in Kansas, finding that high taxes are associated with reduced income and low economic growth. Research such as this rebuts the presumption of government spending advocates that reducing taxes will kill jobs in Kansas.
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Myth: Markets can solve all problems without government at all
In much of the world, perhaps all of it, the basic problem is not only that governments do too much, but also that they do too little. But as they cease doing what they ought not to do, governments should start doing some of the things that would in fact increase justice and create the…