Tag: Tax increment financing
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Kansas and Wichita quick takes: Sunday January 16, 2011
Today: Wichita swoons over Boston attention; harm of expanding government explained.
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Kansas and Wichita quick takes: Friday December 31, 2010
Today: “This Week in Kansas;” tax increment financing; “Lessons for the Young Economist;” the worst Congress; China has seen the future, and it is coal.
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North Dakota TIF video reminiscent of Wichita
Tax increment financing (TIF) is the subject of a video presentation that is eerily cognizant of the situation in Wichita.
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Wichita Old Town TIF district illustrates cost and harm of subsidy
The closing of the Old Town tax increment financing, or TIF, district in Wichita is good news. But the expressed attitude of city council members towards TIF districts indicates that citizens must be concerned that the council will attempt to use this harmful form of developer and corporate welfare in the future.
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Kansas economic growth policy should embrace dynamism
A dynamic market where many new business startups attempt to succeed and thrive while letting old, unproductive firms die is what contributes to productivity and economic growth. But most economic development policies, including those of Kansas and Wichita, do not encourage this dynamism, and in fact, work against it.
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Wichita downtown planning, not trash, is real threat
While city takeover of the management of trash service is bad, the real threat to economic freedom in Wichita is downtown planning.
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Wichita Community Improvement District policy to be decided
Wichita will decide whether notifying consumers of special high-tax districts is good public policy.
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Sedgwick County Commissioners applauded
We were pleased to see the Sedgwick County Commission vote this week to stop the proposed TIF district in the Planeview neighborhood. Commissioners correctly determined that approval of the TIF would have adversely affected other businesses in the area.
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Wichita’s alphabet soup of ‘tax tricks’
I want to commend the courage shown by the October 10 Sunday editorial “Get control of incentives.” It takes some intestinal fortitude to speak out against the “tax tricks” (wonderful description) that have been foisted on the city and county taxpayers already burdened by federal, state, and property taxes.
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In Wichita Planeview neighborhood: Yes, we have!
Developers of a proposed Save-A-Lot grocery store in Wichita’s Planeview neighborhood have made the case that without two forms of subsidy, the store won’t be profitable and won’t be built. There is a counterexample, however.
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Subsidy for Planeview Save-A-Lot grocery store bad for Wichita
I am troubled by what I see the Wichita city government doing to the owners of the Checkers Grocery store located near the Wichita Planeview neighborhood. At the public hearing before the Wichita City Council on September 14th, one of the Checkers owners testified that their grocery business has been serving the people of Planeview…
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Photos of Wichita Planeview grocery stores
Supporters of a proposed Save-A-Lot grocery store in Wichita’s Planeview neighborhood claim that there are no grocery stores nearby. Therefore, the city is willing to grant over $800,000 in special tax treatment to this store. This special tax treatment — let’s call it what it is: corporate welfare is not available to the store’s competitors…