Tag: Tax abatements
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Wichita city council advances economic development
Yesterday’s action taken by the Wichita City Council regarding economic development incentives granted to Cessna Aircraft Company through the Industrial Revenue Bond program may be confusing to some people.
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Spirit Aerosystems applies for tax relief
The Wichita City Council will consider excusing a large company from property and sales taxation. Is this action wise for the city’s economy?
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Wichita economic development not being managed
It is evident that The City of Wichita does not manage the results of its economic development efforts.
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Research on economic development incentives
All of the aforementioned studies, which find business location decisions to be favorably influenced by targeted tax incentives, also conclude that the benefits to the communities that offered them were less than their costs.
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Ambassador Hotel Industrial Revenue Bonds
The City of Wichita should not approve a measure that is not needed, that does not conform to the city’s policy (based on relevant information not disclosed to citizens), and which is steeped in cronyism.
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Carl Brewer: The state of Wichita, 2013
Wichita Mayor Carl Brewer, in his State of the City address for 2013, calls for increased support of the city’s economic development efforts.
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Wichita’s $60 million gift to Spirit Aerosystems — not
Industrial Revenue Bonds is a confusing economic development program misunderstood by citizens, journalists, and even city council members.
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Wichita revises economic development policy
The City of Wichita has passed a revision to its economic development policies. Instead of promoting economic freedom and a free-market approach, the new policy gives greater power to city bureaucrats and politicians, and is unlikely to produce the economic development that Wichita needs.
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Kansas reasonable: We’re number 47 (and 48)
The “Kansas reasonable” approach to governing has lead to poor economic growth and high tax costs.
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Tax costs block progress in Kansas
If we in Kansas and Wichita wonder why our economic growth is slow and our economic development programs don’t seem to be producing results, there is now data to answer the question why: Our tax costs are high — way too high.
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Kansas and Wichita lag the nation in tax costs
If we in Kansas and Wichita wonder why our economic growth is slow and our economic development programs don’t seem to be producing results, there is now data to answer the question why: Our tax rates are high — way too high.
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Carl Brewer: State of the City for Wichita, 2012
Wichita Mayor Carl Brewer delivers his State of the City Address for 2012.