Payroll jumps in Shawnee Mission but not for teachers
- Education
- August 22, 2018
Last month, Congress passed, and the President signed, a comprehensive package intended to combat the public health and economic impacts bought about by the novel coronavirus (COVID-19) outbreak. Termed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this legislation pays out roughly $2.5 billion in federal tax reduction for those who make cash donations
READ MORESome of Kansas’s low economic performance may be tied to the fact that property taxes are growing too fast. In fact, 65 KS counties saw triple-digit property tax growth despite their populations shrinking. The Lincoln Land Institute found that Iola, KS has the highest rural property tax rate in the nation. By contrast, there is
READ MORELast year’s retroactive, record-setting tax increase apparently wasn’t enough for the majority of the Kansas House of Representatives. Now they’ve voted to allow another $210 million income tax increase over the next two years on top of the $1.2 billion increase they imposed last year. And that’s a very conservative number; according to Chief Budget
READ MOREThe annual “Rich States Poor States” report published by the American Legislative Exchange Council ranks Kansas #26 in Economic Outlook for 2018, which is unchanged from the previous year. Among regional states, Missouri (#23), Oklahoma (#16), Colorado (#15) and Arkansas (#22) have higher ranks while Nebraska (#28) and Iowa (#29) are slightly lower. Missouri, Nebraska and Arkansas
READ MOREA 2012 Wall Street Journal commentary about our tax and spending research entitled “States that Spend Less, Tax Less…and Grow More” made the case that efficient government is the key to keeping taxes low. Our 2018 Green Book analysis published last week shows the relationship between less government and stronger economic growth is as strong as
READ MOREUnless legislators change their tax-and-spending-spree ways, Kansans have another big tax increase coming in the near future. The nearly $500 million spending increase just approved for fiscal years 2017 through 2019 pushes General Fund spending to $6.609 billion; that’s $1.3 billion more than if spending had just been increased for inflation since FY 1995. Kansas
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