Tag: Economic development
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Era of energy subsidies is over
Government spending on energy programs is harmful and leads to suboptimal decisions made for political reasons, rather than letting markets and American ingenuity work write U.S. Representatives Mike Pompeo and Raul Labrador.
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Kansas and Wichita quick takes: Monday November 28, 2011
Today: FHA risk; Boeing in Wichita; Wichita City Council; Harm of public-sector unions; Rep. Hedke, author of new book, to speak; Myth of spending cuts.
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Kansas and Wichita quick takes: Wednesday November 23, 2011
Today: Standing up for fundamental liberties; Private property saved the Pilgrims; Did Grover Norquist derail the Supercommittee; Drive-through petition signing; Job creation; Experts.
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Bombardier Learjet should pay just a little
In a presentation made to economic development officials, aviation manufacturer Bombardier LearJet speaks with pride of its investment in Kansas. But for the present project before the Sedgwick County Commission today, it appears that the company is planning to make no investment at all.
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Kansas and Wichita quick takes: Tuesday November 22, 2011
Today: Ghana junket; Kansas job recovery seen as slow; Village West defaults; Pachyderm speakers.
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TIF and other subsidies harm Wichita
Everyone who cares about Wichita — the entire city, not just special interests — ought to be opposed to the continued use of tax increment financing (TIF) districts and other forms of subsidy that direct benefits to a small group at the expense of everyone else.
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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.
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Tax increment financing: The right tool for Wichita jobs?
Tax Increment Financing (TIF) is an economic development tool that uses the expected growth (or increment) in property tax revenues from a designated geographic area of a municipality to finance bonds used to pay for goods and services calculated to spur growth in the TIF district. The analysis performed for this study found TIF does…
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Giving away the store to get a store
Wichita will again chase the dream of “something for nothing” when it considers establishing a tax increment financing, or TIF, district at its December 6th meeting. The following article explains why this is a bad idea.
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Johnson Controls loan not needed
The Sedgwick County Commission will consider making a forgivable loan that is not needed.
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‘Sustainable planning’ not so sustainable
The vast majority of Americans, surveys say, aspire to live in a single-family home with a yard. The vast majority of American trave — around 85 percent — is by automobile. Yet the Obama administration thinks more Americans should live in apartments and travel on foot, bicycle, or mass transit.
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The government-as-business myth
Government officials, including those in Wichita, may believe they are operating government like a business. But that can’t happen.