Tax & Spending

2019 Legislator’s Budget Guide: How Kansas Can Recognize Inefficiencies 0
- Tax & Spending
- December 7, 2018
“The problem with government is not in the things it tries, but in the absence of any mechanism for recognizing error.” – Milton Friedman Economist Milton Friedman easily summarized that without an appropriate check and balance, government tends to grow and further burdens taxpayers. One of the missions of the Center for Entrepreneurial Government is
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Here We Go Again: Deficit Spending Could Lead To Billion Dollar Tax Hike 0
- Tax & Spending
- December 5, 2018
Updated estimates from the Kansas Legislative Research Department (KLRD) show Kansans could be on the hook. This time for a massive $1.1 billion tax increase over the next four years. This tax increase does not include the $600 million tax increase approved by the state legislature this past session. This year, the state’s revenue estimate
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November FY 2019: Sales Tax Stalls For Five Straight Months 0
- Tax & Spending
- December 3, 2018
A well known economic “rule of thumb” is the concept that consumer purchases take up around 70% of the area’s economy. Therefore what does it say for Kansas’s economy if the tax from consumer purchases hasn’t grown for five straight months? The answer? It doesn’t say good things. The Kansas Policy Institute noticed the poor
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2019 Legislator’s Budget Guide Inbound 0
- Tax & Spending
- November 28, 2018
You can’t be for big government, big taxes, and big bureaucracy and still be for the little guy. President Ronald Reagan President Reagan understood the best way government can help people is by providing better service at an affordable cost to the taxpayer. Nearly 30 years later, the Kansas Policy Institute found Kansans still hold
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Reports of Budget Surplus Ignore Imbalance 0
- Tax & Spending
- November 15, 2018
The State of Kansas is heading towards a cliff despite reports of budget surplus and campaign rhetoric. State budget analysts show Kansas deficit spending next year, and empty reserves by 2022. This is due to current levels of spending outpacing tax revenues. Something will have to give as the legislature and incoming governor decide how
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After Record Spending Vow, State Estimators Wager Robust Income Tax Growth 0
- Tax & Spending
- November 9, 2018
The Consensus Revenue Estimating Group made their November predictions of the income and spending activity of Kansas families and businesses. They believed Kansas families will see incomes grow by a ludicrously high 6.5 percent rate or $216 million on top of what they already guessed for fiscal year 2019. Whether Kansans can support this growth
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