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"Swanson regards the government for which he works as 'a greedy piglet that suckles on a taxpayer’s teat until they have sore, chapped nipples...'"http://www.nationalreview.com/article/392713/hayekian-hoosier-charles-c-w-cooke


Charles C. W. Cooke - The Hayekian Hoosier
www.nationalreview.com
Editor’s Note: This article originally appeared in the November 3, 2014, issue of National Review. However talented he may be, no writer will ever be safe from his audience, for it is they who will eventually pronounce upon his meaning. Ray Bradbury once stormed indignantly out of a class at UCLA a…
Tue, 18 Nov 2014 15:32:43 +0000
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"Much has been made of the revenue decline as marginal tax rates were reduced but total tax revenue is still running ahead of inflation over the last ten years." http://kansaspolicy.org/KPIBlog/123094.aspx
Mon, 17 Nov 2014 15:53:11 +0000
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New public opinion survey shows stunning lack of understanding of K-12 finance - 7% of Kansans know how much is spent per-pupil.

"The number of Kansans who can correctly answer this question remains disturbingly low, but knowing how frequently funding is misrepresented by education officials and special interests, it's not surprising. Instead of trying to low-ball school funding to justify increased aid, the focus should be on improving outcomes."

http://kansaspolicy.org/SurveyUSAPolling/


SurveyUSA Polling
kansaspolicy.org
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Fri, 14 Nov 2014 16:37:22 +0000
Last Refreshed 11/23/2014 6:08:33 PM
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New house credits are misguided
Posted by Dave Trabert on Tuesday, February 14, 2012

You may have read about a new plan in the Wichita Eagle to incentivize new home purchases.

"With new-home construction foundering and builders buried under the weight of taxes on unsold lots, the Wichita City Council on Tuesday will look at a plan to jump-start the flagging local homebuilding industry.

"City staff is recommending adoption of a five-year property tax moratorium for the first 1,000 qualifying new houses built over two years. The city and the Wichita Area Builders Association started developing the plan in October in an attempt to reinvigorate a market that has stagnated with declining sales and tight credit."

This proposal may be a well-intended effort to help home builders and some taxpayers, but it would do so at the expense of all other businesses and taxpayers.  Unless the City of Wichita reduces spending by the amount of the tax rebates, the foregone revenue will have to be made up by everyone else.  Government doesn't just spend money when it writes checks, it also spends taxpayer money when it gives credits, rebates, loans and other types of incentives.

City Council should also recognize that rebating property taxes to buyers of certain new homes will also harm taxpayers who are trying to sell existing homes.  

If the City of Wichita wants to help (all) taxpayers, the best way it can do so is to cut spending and reduce everyone's taxes.  The City's annual financial reports show that property tax collections increased from $59.3 million in 1997 to $115.4 million in 2010.  That's a 95% tax increase.  Over the same period, Wichita's population increased 16% and inflation was up 33%.  There is no good justification for taxes to increase at nearly double the rate of population and inflation.
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