Tag: Economics
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In Wichita, an incomplete economic development analysis
The Wichita City Council will consider an economic development incentive based on an analysis that is nowhere near complete.
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Friedman: Laws that do harm
As we approach another birthday of Milton Friedman, here’s his column from Newsweek in 1982 that explains that despite good intentions, the result of government intervention often harms those it is intended to help.
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Friedman: The fallacy of the welfare state
A simple classification of government spending shows why the process leads to undesirable results, explain Milton and Rose Friedman.
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‘Love Gov’ humorous and revealing of government’s nature
A series of short videos from the Independent Institute entertains and teaches lessons at the same time.
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Airport statistics
Updated charts of flights and passengers for Wichita and the U.S.
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The candlemakers’ petition
The arguments presented in the following essay by Frederic Bastiat, written in 1845, are still in use in city halls, county courthouses, school district boardrooms, state capitals, and probably most prominently, Washington
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Kansas sales tax has disproportionate harmful effects
Kansas legislative and executive leaders must realize that a shift to consumption taxes must be accompanied by relief from its disproportionate harm to low-income households.
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Tax rates and taxes paid
Those who call for a return to 90 percent tax rates should be aware that few people actually paid tax at those rates.
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Economic freedom leads to better lives for all
Economic freedom, in countries where it is allowed to thrive, leads to better lives for people as measured in a variety of ways. This is true for everyone, especially for poor people.
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Corporate income tax rates in U.S. and other countries
Over the past two decades most large industrial countries have reduced their corporate income tax rates. Two countries, however, stand out from this trend: France and The United States.
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With tax exemptions, what message does Wichita send to existing landlords?
As the City of Wichita prepares to grant special tax status to another new industrial building, existing landlords must be wondering why they struggle to stay in business when city hall sets up subsidized competitors with new buildings and a large cost advantage.
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Taxation in the states
Examining tax collections by the states shows that Kansas collects more tax than many of our neighbors, and should put to rest some common myths.