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What's the best way to create more jobs in Wichita? Come and find out on Friday at the WSU Metroplex. Free and open to the public. Yes Wichita Coalition For A Better Wichita Wichita Metro Chamber of Commerce http://kansaspolicy.org/events/119824.aspx?view=c


Fostering Economic Growth in Wichita
kansaspolicy.org
A discussion on the jobs fund portion of the proposed City of Wichita 1% sales tax. Agenda to be announced.
Mon, 15 Sep 2014 19:53:26 +0000
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A chance to truly understand the issues facing Wichita voters in November. What is the best way to give more Wichitans a chance to find a job? RSVP in first comment. Voice For Liberty Yes Wichita Coalition For A Better Wichita Wichita Metro Chamber of Commerce http://www.kansas.com/news/local/article2006841.html


Kansas Policy Institute to host public forum on proposed job development fund
www.kansas.com
The Kansas Policy Institute, a conservative Wichita nonprofit organization, is hosting a community forum on the proposed job development fund, which is part of the one-cent-on-the-dollar sales tax that will be on the November ballot.
Wed, 10 Sep 2014 17:19:04 +0000
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Would you pay a 1% sales tax to create a "jobs fund"? Wichitans will have to make that decision in November. 19 September at WSU Metroplex to learn about the facts of the proposal, Wichita's economic trends, how incentives have worked in Kansas before, and what it takes to make an economy truly grow. Free event, open to the public.
http://kansaspolicy.org/Events/119824.aspx?view=c


Fostering Economic Growth in Wichita
kansaspolicy.org
A discussion on the jobs fund portion of the proposed City of Wichita 1% sales tax. Agenda to be announced. Speaker line-up available at Full Description.
Mon, 08 Sep 2014 15:36:42 +0000
Last Refreshed 9/17/2014 4:32:10 PM
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Create Jobs not Justifications... for tax increases
Posted by Todd Davidson on Monday, February 13, 2012

The Institute on Taxation and Economic Policy (ITEP) recently published a paper arguing that the nine states with the highest income taxes are actually faring better than the nine states with no income tax.  ITEP cites Gross State Product (GSP) per capita, Real (inflation-adjusted) Median Household Income, and the Unemployment Rate as their basis.

Using per-capita data to justify that high-tax states are doing well deliberately discounts overall growth in GSP, employment and population shifts.  One needs only a simple drawing to see GSP Per Capita, Real Household Income, and the Unemployment Rate are not appropriate measures.

In this first scenario our state has nine individuals; seven earning an income and two unemployed.  GSP per capita is $3, Real Median Household Income is also $3, the Unemployment Rate is 22%, and lastly our overall wealth is $28.  Now supposed the first 4 individuals decide to seek opportunity in another state.  Now our state looks like this:

Our GSP per capita is $5, Real Household Median Income is $5, the Unemployment Rate is 0%, but our overall wealth is now $25.  Not one person’s wealth increased and in fact our state is worse off, we have fewer jobs and less wealth.

This is precisely what IRS data suggests is happening.  From 2000 to 2009 the average adjusted gross income for taxpayers leaving the 9 states with the highest income taxes was $59,502, which is $5,000 lower than the average AGI for those states.

Instead of focusing on math trickery to justify our spending habits we need to focus on the policies that foster wealth and job creation.

  • The nation saw 2.9% decline in private sector employment between 2001 and 2010.
  • The 9 highest income tax states saw 4.8% decline in private sector employment.
  • The 9 states without an income tax saw a 2.4% increase in private sector employment.

(Source: Bureau of Labor Statistics)

Comments:     
Posted by Guest on Friday, March 09, 2012
I have taught for over 30 years; I teach in a really small rural school. My 8th graders and my sophomores (who always take the 11th grade reading test a year early) ALL met the standards, with several exceeding the standards and several exceptional results. It costs more to live today, and if we keep cutting down the costs by overcrowding the classrooms, what do you expect to happen? Trying to reach everyone in a 25+ classroom is just not possible, no matter how good your teacher is. Also, it seems to me that fewer and fewer parents are involved in their children's education, and that cuts deep, too.
With the upper level classes, the students actually have to WANT to do well on the test. Some just really do not care. . . There are many,
many factors in why we seem to be losing ground on NCLB, but cutting everything out probably won't make things better.
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