For Kansas budget, balance is attainable
wichitaliberty.org
A policy brief from a Kansas think tank illustrates that balancing the Kansas budget while maintaining services and lower tax rates is not only possible, but realistic.
Fri, 19 Sep 2014 19:18:30 +0000
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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
Last Refreshed 9/30/2014 6:02:59 AM
KPIBlog
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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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