Tag: Economics
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Wichita falls in economic performance ranking
The City of Wichita has fallen in a ranking of the performance of its economy, according to the Milkin Institute.
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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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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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Kansas and Wichita quick takes: Thursday November 10, 2011
Today: Occupy Wall Street; Johnson Controls; Save-A-Lot store opens; Teacher pay; Ranzau, Skelton to speak; Making economics come alive; Economics in two minutes.
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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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Kansas and Wichita quick takes: Monday October 31, 2011
Today: Wichita City Council; Crony capitalism; Kansas pensions; Global economics to be discussed in Wichita; Progress, or not; Business and politics.
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Kansas and Wichita quick takes: Wednesday October 26, 2011
Today: Tax increment financing; Tax incentives questioned; The Moral Case Against Spreading the Wealth; Political pretense vs. market performance; Increasing taxes not seen as solution.
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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.