Tag: TIF districts
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Tax increment financing (TIF) and economic growth
There is clear and consistent evidence that municipalities that adopt tax increment financing, or TIF, grow more slowly after adoption than those that do not.
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Does tax increment financing (TIF) deliver on its promise of jobs?
When looking at the entire picture, the effect on employment of tax increment financing, or TIF districts, used for retail development is negative.
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Kansas and Wichita quick takes: Friday December 30, 2011
Today: Year in review, Wichita Liberty-style; Patriots New Years Eve; Legislators to hear from citizens; California’s redevelopment nightmare to end; Growth will heal nation’s economy; Assumptions about capitalism; Resources on Austrian economics; Cato University.
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Kansas and Wichita quick takes: Wednesday December 7, 2011
Today: Wichita petitions; Petitions being contested; Smart Taxpayers Exposing Waste; Planning grant to be topic of meeting; Kansas history writer to speak; Wichita City Council.
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Wichita should reject tax increment financing
Wichita should reject tax increment financing for the good of the entire city.
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Crony capitalism and social engineering: The case against tax-increment financing
Far from being a boost to communities, tax increment financing (TIF) is harmful.
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Kansas and Wichita quick takes: Monday November 28, 2011
Today: FHA risk; Boeing in Wichita; Wichita City Council; Harm of public-sector unions; Rep. Hedke, author of new book, to speak; Myth of spending cuts.
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TIF and other subsidies harm Wichita
Everyone who cares about Wichita — the entire city, not just special interests — ought to be opposed to the continued use of tax increment financing (TIF) districts and other forms of subsidy that direct benefits to a small group at the expense of everyone else.
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Tax increment financing: The right tool for Wichita jobs?
Tax Increment Financing (TIF) is an economic development tool that uses the expected growth (or increment) in property tax revenues from a designated geographic area of a municipality to finance bonds used to pay for goods and services calculated to spur growth in the TIF district. The analysis performed for this study found TIF does…
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Kansas and Wichita quick takes: Thursday November 10, 2011
Today: Occupy Wall Street; Johnson Controls; Save-A-Lot store opens; Teacher pay; Ranzau, Skelton to speak; Making economics come alive; Economics in two minutes.
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Giving away the store to get a store
Wichita will again chase the dream of “something for nothing” when it considers establishing a tax increment financing, or TIF, district at its December 6th meeting. The following article explains why this is a bad idea.
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Kansas and Wichita quick takes: Monday October 31, 2011
Today: Wichita City Council; Crony capitalism; Kansas pensions; Global economics to be discussed in Wichita; Progress, or not; Business and politics.