Tag: Wichita city council
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Wichita property taxes are high, leading to other problems
High business property taxes in Wichita cause officials to take an “active investor” role in economic development, despite evidence that this approach does not work.
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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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‘Sustainable planning’ not so sustainable
The vast majority of Americans, surveys say, aspire to live in a single-family home with a yard. The vast majority of American trave — around 85 percent — is by automobile. Yet the Obama administration thinks more Americans should live in apartments and travel on foot, bicycle, or mass transit.
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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.
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Kansas and Wichita quick takes: Monday October 24, 2011
Today: Wichita City Council; ‘Federalists’ author to appear in Wichita this week; Rep. Huelskamp to speak in Wichita; Kansas tax reform; The debt of the states; Freedom of the press; Student loans; Obama makes a great appointment; Libertarianism works both ways.
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The government-as-business myth
Government officials, including those in Wichita, may believe they are operating government like a business. But that can’t happen.
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At Wichita City Council, a big company asks for a forgivable loan
Johnson Controls, a very large company, asks the Wichita City Council for a small forgivable loan.
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Wichita economic development: And then what will happen?
Critics of the economic development policies in use by the City of Wichita are often portrayed as not being able to see and appreciate the good things these policies are producing, even though they are unfolding right before our very eyes. The difference is that some look beyond the immediate — what is seen –…