Taxation

Wichita property tax on commercial property: High

Wichita property tax on commercial property: High

An ongoing study reports that property taxes on commercial and industrial property in Wichita are high. In particular, taxes on commercial property in Wichita are among the highest in the nation. The study is produced by Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence. It's titled "50 State Property Tax Comparison Study" and may be read here. It uses a variety of residential, apartment, commercial, and industrial property scenarios to analyze the nature of property taxation across the country. I've gathered data from selected tables for Wichita. In Kansas, residential property is assessed at 11.5 percent of…
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Wichita property tax still high on commercial property

Wichita property tax still high on commercial property

An ongoing study reports that property taxes on commercial and industrial property in Wichita are high. In particular, taxes on commercial property in Wichita are among the highest in the nation. The study is produced by Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence. It's titled "50 State Property Tax Comparison Study, June 2017" and may be read here. It uses a variety of residential, apartment, commercial, and industrial property scenarios to analyze the nature of property taxation across the country. I've gathered data from selected tables for Wichita. In Kansas, residential property is assessed at 11.5…
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Tax collections by the states

An interactive visualization of tax collections by state governments. Each year the United States Census Bureau collects data from the states regarding tax collections in various categories. I present this data in an interactive visualization. The values are for tax collections by the state only, not local governmental entities like cities, counties, townships, improvement districts, cemetery districts, library districts, drainage districts, watershed districts, and school districts. Of particular interest is the "Total by State" tab. Here you can select a number of states and compare their tax burdens. (Probably three or four states at a time is the practical limit.)…
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Kansas cigarette tax collections

Kansas cigarette tax collections

Effective July 1, 2015, the tax on cigarettes in Kansas rose by $0.50 per pack, going from $0.79 to $1.29 per pack. For the three years prior to that date cigarette tax collections averaged about $7.5 million per month. Since then collections has averaged about $11.1 million per month. But, as the chart shows, the trend is down. For February 2017 collections were $8.7 million, almost exactly the same as the month before the tax hike took effect.
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Tax collections by the states

Tax collections by the states

An interactive visualization of tax collections by state governments. Note: this visualization has been updated. Click here for the most recent version. Each year the United States Census Bureau collects data from the states regarding tax collections in various categories. I present this data in an interactive visualization. The values are for tax collections by the state only, not local governmental entities like cities, counties, townships, improvement districts, cemetery districts, library districts, drainage districts, watershed districts, and school districts. Of particular interest is the "State Total" tab. Here you can select a number of states and compare their tax burdens.…
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Tax rates and taxes paid

Tax rates and taxes paid

Is there a relationship between marginal tax rates and tax dollars collected? The top marginal tax rate -- that’s the rate that applies to high income earners on most of their income -- was above 90 percent during most of the 1950s. From 2003 to 2012 it was 35 percent, and is now 39.6 percent. Some see that as a lost opportunity. If we could return to the tax rates of the 1950s, they say, we could generate much more revenue for government. The top marginal tax rate is the rate that applies to income. It’s not the same as…
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The Wichita Eagle on Kansas sales tax exemptions

The Wichita Eagle on Kansas sales tax exemptions

The Wichita Eagle editorial board writes an editorial that gives false hope to advocates of more taxation and more spending. Advocates of eliminating sales tax exemptions in Kansas point to the great amount of revenue that could be raised if Kansas eliminated these exemptions, given at about $6 billion per year, according to a recent Wichita Eagle editorial.[1. Eagle Editorial Board. Reduce sales-tax exemptions. Wichita Eagle, February 3, 2017. http://www.kansas.com/opinion/editorials/article130438759.html.] Analysis of the nature of the exemptions and the amounts of money involved, however, leads us to realize that the additional tax revenue that could be raised is much less…
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