Tag: Subsidy
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In Wichita, private tax policy on the rise
In a free society with a limited government, taxation should be restricted to being a way for government to raise funds to pay for services that all people benefit from. But in the city of Wichita, private tax policy is overtaking our city.
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In Wichita, how tax increment financing can channel tax money
The flow of tax dollars Wichita city leaders have planned for Douglas Place, a proposed hotel in Wichita, creates a mechanism where taxpayer funds are routed to a politically-connected construction firm. And unlike the real world, where developers have an incentive to build economically, the city has created incentives for Douglas Place developers to spend…
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Wichita’s high tax hotels
Community improvement district, or CID, taxes are often targeted at visitors to Wichita, and harm our city’s reputation.
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Our Downtown Wichita launched
As part of an effort to provide information about the Douglas Place project, a proposed renovation of a downtown Wichita office building into a hotel, Americans for Prosperity, Kansas has created a website. The site’s motto is “Limited government and free markets in Downtown Wichita benefit everyone. Centralized planning and crony capitalism benefit only a…
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For Wichita’s Project Downtown, goal keeps slipping
In selling a plan for the revitalization of downtown Wichita, promoters started with a promise of much private investment for just a little public investment. But as the plan proceeded, the goal kept slipping, and the first project to be approved under the final plan will probably not come close to meeting even the modest…
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In Wichita, historic preservation tax credits an inefficient form of developer welfare
As part of the subsidy plan for Douglas Place, a downtown Wichita hotel being proposed, developers plan to make extensive use of historic preservation tax credits to fund their project. This form of developer welfare, besides being inefficient, is largely hidden from public view.
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For Wichita’s David Burk, subsidy machine is working again
For Wichita real estate developer David Burk of Marketplace Properties, being on the receiving end of sweetheart lease deals with the City of Wichita is becoming a habit.
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Kansas and Wichita quick takes: Tuesday August 16, 2011
Today: Future of Kansas insurance exchange; Concern over Wichita spending; Kansas governor praises wind power; Corporate taxes; How the racism charge is used.
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Wichita City Council bows to special interests
Yesterday’s meeting of the Wichita City Council revealed a council — except for one member — totally captured by special interests, to the point where the council, aided by city staff, used a narrow legal interpretation in order to circumvent a statutorily required public hearing process.
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Wichita city council to decide between rule of law, or rule by situation
Tuesday’s Wichita City Council meeting will provide an opportunity for the mayor, council members, and city hall staff to let Wichitans know if our city is governed by the rule of law and proper respect for it, or if these values will be discarded for the convenience of one person and his business partners.
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Despite allegations, Wichita’s Dave Burk remains favored
Wichita developer David Burk remains in favor at city hall despite allegations.
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Public-private partnerships: the problems
Public-private partnerships have many problems, and Wichita needs to be cautious as the city relies on them.