Pass-Through Exemption Helped Add 18,000 jobs in 2015

Dave TrabertTax & Spending1 Comment

The pass-through exemption for LLCs, Sub-S corps, partnerships and proprietors helped add over 18,000 new jobs in 2015 while all other private employers had small declines.  New U.S. Census data shows employment at pass-through entities increased by almost 4 percent while the other major category – C-corps – declined by a half percent.   Kansas was far behind the national average … Read More

PEAK subsidy costs Kansas $48.5 million annually

Dave TrabertTax & SpendingLeave a Comment

Many Democrats and Republicans in the Kansas Legislature are pushing for a very large personal income tax increase as the primary method of balancing the budget over the next two years, but they’ve shown little interest in stopping most of the special tax breaks they give to select businesses and government retirees.  The PEAK subsidy (Promoting Employment Across Kansas) is … Read More

States that Spend Less, Tax Less…and Grow More

Dave TrabertTax & SpendingLeave a Comment

The correlation is as strong today as when published in the Wall Street Journal back in 2012: states that spend less, tax less…and grow more. Data collected from various government agencies and compiled in KPI’s 2017 Green Book show the states that tax income spent 42 percent more per-resident in 2015 than the states without an income tax.  Alternatively, the ten … Read More

Kansas House passes $2.4 billion income tax increase

Dave TrabertTax & Spending

After the November election, we said the 2017 Legislature would be defined by broken promises – either not being willing to pass the enormous tax increases to fund the vote-for-me promises or the implied promise to just raising taxes on small businesses.  Now we know that the majority of the Kansas House of Representatives intends to slap citizens with a … Read More

Brownback’s budget proposal pretty good overall

Dave TrabertTax & Spending

Governor Brownback’s budget proposal for the balance of this year and the coming two years contains a few things that, from a limited government perspective aren’t necessary but all things considered, it’s pretty good.  There are significant efficiency measures included, he continues to avoid expansion of Medicaid through Obamacare – which is especially smart since Obamacare will likely change under … Read More

State think tanks lead the fight for freedom

Dave TrabertTax & Spending

Anyone wondering whether the Washington swamp can be drained need only look to some amazing accomplishments in the states for encouragement, where state think tanks are leading the fight for freedom.  Michigan, with a long-standing tradition of forced union membership, became a right-to-work state in 2013 after decades of efforts led by Mackinac Center for Public Policy.  This year, the … Read More

Governing isn’t about granting wishes

Dave TrabertTax & Spending

government wish list

Many parents will soon be faced with the annual Christmas wish list dilemma – deciding how much of their kids’ list they can afford without inflicting economic turmoil on the family. A lot of new legislators will face the same challenge come January, as granting everything on the vote-for-me list would require enormous tax increases on individuals, which in turn … Read More

Pass-through entities drive job growth in Kansas

Dave TrabertTax & Spending

Without any data to back their claims, opponents of Kansas’ tax reform maintain that owners of so-called pass-through entities (businesses not organized as regular C-Corporations) haven’t created jobs since their pass-through income was exempt from state income tax beginning in 2013.  But U.S. Census data not only shows they created jobs, pass-through entities actually created most of the job gains … Read More