Tag: Taxation
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Testimony against taxpayer-funded lobbying
The following testimony from John Todd explains some of the harmful effects of taxpayer-funded lobbying. Isn’t it terrible that that interests of governmental bodies like the city and county you live in or your local school district are different from your interests? As John explains, local government has become a special interest group, and like…
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Wichita school bond issue impact is an illusion
The money that will pay for the new facilities has to come from somewhere. When people pay taxes to USD 259, those tax payments represent money they can’t spend somewhere else. Economic activity that might have taken place will not, because people had to spend their money on taxes. This means that if the bond…
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Wichita school bond issue not the only proposed tax increase
As the residents of Wichita consider whether to vote for the $350 million school bond issue proposed by the board of USD 259 (Wichita public school district), be aware that the bond issue and its associated increase in property taxes is not the only tax increase the public schools in Kansas would like to have.…
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New tax targets Kansas senior citizens
A proposal to raise a new “assessment” or tax on nursing home bound Kansas elderly will have its first hearing in front of the Kansas senate’s Ways and Means Committee February 14. The new charge on nursing home residents will total $1,733.75 a year or $4.75 a day if the proposed bill, S.B. 585, becomes…
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Thanks for picking up the tab, or, taxpayer-funded lobbying hurts
This article explains the prevalence of and the problems with taxpayer-funded lobbying. This type of lobbying is especially egregious, as it is using taxpayers’ own funds to harm them further. It’s bad enough that a governmental body — say the Wichita Public Schools — receives funds, increasing rapidly from year to year, from the local…
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Taxes in Kansas at an All-Time High
At no other time in the state’s history have state and local governments imposed such a heavy tax burden on Kansas residents. This year, state and local taxes will capture 11.2 percent of the state’s income. The graduated income tax contributes to this all time high by creating a boom of revenue and spending during…
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Floods and whirlwind (of spending in Kansas)
Kansans are focused upon the floods as well as the results of the tornados that tore up this state in early May. The wrath of Mother Nature is upon us just as the Kansas legislature has left its own flood of spending and whirlwind of legislative changes on this state. The legislature’s fiscal wrath might…
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It’s not yours to cut
It’s the people who “give” tax money to the government, not the government who “gives” it back to the people in the form of tax cuts. If the government cuts taxes, the government gives us nothing. It simply takes less of what is ours in the first place.
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The Real Cost of Higher Taxes
A column in the Wall Street Journal explains how certain tax cuts generate additional growth and thus lead to some degree of revenue feedback to the Treasury. The authors point out that higher taxes, by contrast, would impose harsh costs on the economy for every dollar collected by the IRS.
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Pay As You Go?
On the rare occasions the mainstream national news media bothers to cover federal spending and taxes you are sure to hear the phrase, “pay as you go,” as the primary talking point of the new congressional Democratic majority. This phrase is supposed to reassure us now that the profligate “Bridge to Nowhere,” free spending Republicans…
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President Bush’s tax hike
At the end of March 2007, President Bush raised taxes on Americans. How so? He did it by applying tariffs to imports of paper from China.
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Painlessly paying our taxes, almost
Since tax withholding from paychecks and mortgage payments reduces our awareness of just how much tax we pay, it’s unlikely that governments will stop the withholding of taxes and submit a bill to taxpayers. Instead, it’s left to ourselves to remain aware of how much we are paying.