Tag: Capitalism
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Goal of Kansas tax reform is economic growth
Dr. Art Hall, who is Director of the Center for Applied Economics at the University of Kansas has proposed a radical change and simplification to the Kansas tax system. Besides simplification of the way the state collects taxes, the major goal of the proposal is to encourage economic growth in Kansas.
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At Wichita city council, does the field tilt?
At the January 12 meeting of the Wichita City Council, several citizens and one council member addressed the “unlevel playing field” and its implications for development in downtown Wichita.
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Waterwalk hotel deal breaks new ground for Wichita subsidies
On Tuesday, the Wichita City Council will consider an agreement with a hotel developer that, besides awarding the usual subsidies to politically-favored developers, breaks new ground in the use of subsidy. Additionally, the deal contradicts recent promises made by a top city official.
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‘Political capitalism’ explained in Wichita
In Wichita this Monday, Robert L. Bradley, Jr. explained the state of capitalism in America today, using his experience working in a high-level position at the failed energy conglomerate Enron as a backdrop. Bradley asked: What happened to business prudence? What has happened to capitalism? The answer is that what we have today is not…
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Defending insider trading
Insider trading is almost universally judged to be bad. Company insiders, using information not available to the public, making stock trades and usually very high profits: Is that fair? How could allowing abuse like this be beneficial? But if you value the importance of prices as conduits of information, allowing insider trading makes a lot…
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Wichita universal tax exemption could propel growth
I’m not here to speak as much to the specifics of the current case, but to the city’s policy of granting property tax exemptions and abatements, whether they are implemented through the economic development exemption program or through industrial revenue bonds. At the same time we’re told we must build up our tax base, we…
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John Stossel urges reliance on freedom, not government, in Wichita
Speaking at Wichita State University on Monday, former ABC News Journalist John Stossel told a large crowd that free markets and limited government, not government, are the best way to increase our wealth and prosperity.
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AFP Defending the American Dream summit draws thousands to Washington
Last Friday and Saturday over two thousand defenders of free markets and capitalism traveled to the Washington area to meet at the Americans for Prosperity Foundation’s Defending the American Dream summit. It was an action-packed two days, so I’ll report on just a few personal highlights.