mature businesses Archives - Kansas Policy Institute

Saving Billions in Kansas Government Budgets 0
- Tax & Spending
- July 18, 2022
Mega-subsidies, property tax increases, and uncompetitive economics, oh my! From the local to the state level, legislators have the opportunity everywhere from government budgets to the next legislative session to make Kansas a more affordable and economically competitive state for families. Local Budgeting Cities, counties, school districts, and various other government budgets across Kansas are
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SB 347: The Mother of All Subsidies 0
- Tax & Spending
- January 25, 2022
The government version of Einstein’s supposed definition of insanity (doing the same things over and over at a much higher cost and expecting different outcomes) is the theme of Senate Bill 347 (SB 347). State and local officials have long embraced subsidies as the primary tool for economic growth despite the fact that Kansas is
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Use Excess Revenues for Tax Relief, Not More Spending 0
- Tax & Spending
- October 7, 2021
Kansas took in 33% more in revenues in the first quarter of FY 2022 than the first quarter of FY 2020 before the COVID-19 pandemic, according to the Kansas Department of Revenue’s 2021 report. This trend isn’t new: in FY 2021, the state recorded an actual collected tax revenue $758 million higher than its estimate.
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Subsidies give Kansas the highest effective tax rates on mature businesses 0
- Tax & Spending
- May 6, 2021
Some state and local officials believe that subsidies – taxpayer handouts to a few, select businesses – are the way to grow an economy, but most people know that picking winners is, by default, also picking losers. A new study from the Tax Foundation makes that crystal clear. “Tax burdens in Kansas are slightly below
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