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Gov't can provide quality service while saving taxpayers money.


A plan for balancing the Kansas state budget

Kansas Policy Institute President Dave Trabert presents KPI's plan to balance the state's budget without service reductions or tax increases. Trabert spoke a...
Thu, 18 Dec 2014 17:34:52 +0000
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Another reason to watch Seinfeld reruns. Economics lessons taken directly from the "show about nothing." http://yadayadayadaecon.com/clip/67/


The Soup Nazi (The Economics of Seinfeld)
yadayadayadaecon.com
The Soup Nazi makes delicious soup—so good there's always a line outside his shop. He refuses service to Elaine, and by a stroke of luck she comes across his stash of soup recipes. She visits his shop and informs him that his soup monopoly is broken, while waving his recipes in his face. Also in thi…
Wed, 03 Dec 2014 16:15:10 +0000
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Happy Thanksgiving and a hearty huzzah for property rights. https://www.youtube.com/watch?v=66QdQErc8JQ


The Pilgrims and Property Rights: How our ancestors got fat & happy

The Pilgrims founded their colony at Plymouth Plantation in December 1620 and promptly started dying off in droves. As the colony's early governor, William B...
Tue, 25 Nov 2014 16:14:47 +0000
Last Refreshed 12/22/2014 10:50:26 AM
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Tax Foundation Releases 2013 State Business Tax Climate Index
Posted by Todd Davidson on Tuesday, October 9, 2012

The Tax Foundation released the 2013 State Business Tax Climate Index, ranking Kansas 26th in the country. With significant tax relief coming into effect January 1, 2013 Kansas may finally break from the middle of the pack and be better positioned to attract and retain businesses.

The 2013 State Business Tax Climate Index looks at state tax law as it stood on July 1, 2012. Kansas's recently passed tax reductions do not take effect until 2013 and thus were not included in the analysis. However, they will likely improve the state's score and rank in future years. ~ Joseph Henchman, Coauthor of the 2013 State Business Tax Climate Index 

The Tax Foundation report did mention Kansas’ recent tax reforms (pg 54):

In May 2012, Kansas enacted significant tax changes that will take effect in 2013. The existing three-bracket income tax with a top rate of 6.45 percent will become a two-bracket income tax with a top rate of 4.9 percent. The standard deduction is doubled to $9,000; some itemized deductions are eliminated; and non-wage income from sole proprietors, partnerships, and S corporations is exempted from tax. These changes, on net, will improve Kansas’s score on individual income tax.

State Business Tax Climate Index

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