Tag: Subsidy
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Wichita seeks to form entertainment district
A proposed entertainment district in Old Town Wichita benefits a concentrated area but spreads costs across everyone while creating potential for abuse.
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Contrary to officials, Wichita has many incentive programs
Wichita government leaders complain that Wichita can’t compete in economic development with other cities and states because the budget for incentives is too small. But when making this argument, these officials don’t include all incentives that are available.
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Wichitans willing to fund basics
Wichita voters are willing to pay a higher sales tax for fundamentals like infrastructure and water supply, and less willing for business incentives, downtown development, and convention centers.
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Few Wichitans support taxation for economic development subsidies
In Wichita, about one-third of voters polled support local governments using taxpayer money to provide subsidies to certain businesses for economic development.
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Wichita’s benchmark not applicable to overlapping jurisdictions, it seems
The City of Wichita insists on a certain level of return on investment for its economic development incentives, but doesn’t apply that criteria to overlapping jurisdictions.
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Poll: Wichitans don’t want sales tax increase
A scientific poll commissioned by Kansas Policy Institute finds that Wichitans are opposed to business incentives, want to pursue privatization over tax increases, and have concerns about how city hall has recently spent money.
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End the wind production tax credit
If wind power cannot compete on its own after 20 years without costly special privileges, it never will, writes Lamar Alexander And Mike Pompeo.
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Renewables portfolio standard bad for Kansas economy, people
A report submitted to the Kansas Legislature claims the Kansas economy benefits from the state’s Renewables Portfolio Standard, but an economist presented testimony rebutting the key points in the report.
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What is the cost to visit the Wichita Art Museum?
The normal adult admission to the Wichita Art Museum is $7.00, but that isn’t anywhere near the cost of each visit.
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In Kansas, tax giveaways for job creation found ineffective
Kansas has forked over millions in tax breaks since 2009, but new research says it has been ineffective at accomplishing its main goal: Creating new jobs.
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Kauffman paper on local business incentive programs
The paper “Evaluating Firm-Specific Location Incentives: An Application to the Kansas PEAK Program,” from the Ewing Marion Kauffman Foundation introduces a proposed evaluation method and applies it to Promoting Employment Across Kansas (PEAK), one of that state’s primary incentive programs.
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WichitaLiberty.TV: Kansas school finance and reform, Charles Koch on why he fights for liberty
The Kansas legislature passed a school finance bill that contains reform measures that the education establishment doesn’t want. In response, our state’s newspapers uniformly support the system rather than Kansas schoolchildren. Then, in the Wall Street Journal Charles Koch explains why liberty is important, and why he’s fighting for that.