Payroll jumps in Shawnee Mission but not for teachers
- Education
- August 22, 2018
Ever since Kansas exempted pass-through income from state income tax beginning in 2013, media and policy analysts declared that doing so created a massive wave of Kansas tax evasion by businesses converting to an LLC or a sub-S corporation. Even the Tax Foundation jumped on the bandwagon, saying “When the exemption was passed in 2012,
READ MOREThe 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
READ MOREYes, that’s right, the Kansas budget can be balanced without a tax increase. But first, here’s some background to put the situation in perspective. When the Legislature raised the sales tax rate in 2015 as part of the largest tax hike in Kansas history, many legislators, special interests and media expressed outrage at the impact
READ MOREIt’s not access to oil or tourism that allows some states to do without an income tax; it’s efficient, effective spending. Texas could have all the oil in the nation and still have a high tax burden if it spent a lot more. Data from the National Association of State Budget Officers (NASBO) shows that
READ MOREThe Kansas tax proposal in House Bill 2023 would significantly raise taxes on many Kansas small businesses and would be retroactive to the beginning of this year. Legislators and others who support House Bill 2023 say the 2012 tax cut for partnerships, proprietorships, Sub-S corps, and LLC is a fairness issue and everyone should pay
READ MOREMuch of the discussion over economic growth following the 2012 Kansas tax reforms were enacted is misguided, hobbled by a misunderstanding of what the tax cuts were trying to accomplish and reliance on incomplete data. Additionally, it fails to take into account the fact that most job growth in Kansas has been – and will
READ MORE