Category: Economics
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In Kansas, more debunking of the benefit of high taxes
The argument that high state tax rates promote growth has a serious flaw, finds the Kansas Policy Institute.
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Debunking the debunkers on taxes and growth
While Congress and the President currently debate the best path to hold off the upcoming fiscal cliff, many states across the country have already tackled similar challenges this year
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Rich States, Poor States 2012 edition released
This month American Legislative Exchange Council (ALEC) released the fifth edition of Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index. As in the past, Kansas performs in the middle of the pack in one measure, below average in another, with little or no progress achieved in making Kansas competitive with other states.
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Thinking beyond stage one in economic development for Wichita
It’s hard to think beyond stage one. It requires considering not only the seen, but also the unseen, as Frederic Bastiat taught us in his famous parable of the broken window. But over and over we see how politicians at all levels of government stop thinking at stage one. This is one of the many…
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Kansas Policy Institute to host economic development summit
A summit on local economic development will be held in Wichita in April.
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Modern-day students and attitudes towards government
Many modern-day college students seem to think that government entitlements should be the source of the things they want.
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Buffalo: A Template for Wichita?
Does the decline of Buffalo hold lessons for other cities?
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Bombardier good news, but tempered
Yesterday’s announcement by aviation manufacturer Bombardier LearJet of an expansion creating 450 jobs is welcome news in Wichita, but the reality under the covers of the deal is more than a little sobering.
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Tax increment financing (TIF) and economic growth
There is clear and consistent evidence that municipalities that adopt tax increment financing, or TIF, grow more slowly after adoption than those that do not.
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Does tax increment financing (TIF) deliver on its promise of jobs?
When looking at the entire picture, the effect on employment of tax increment financing, or TIF districts, used for retail development is negative.
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Wichita property taxes are high, leading to other problems
High business property taxes in Wichita cause officials to take an “active investor” role in economic development, despite evidence that this approach does not work.