The Kansas House is expected to debate today a bill to exempt property taxes on new business machinery and equipment purchases. This is a smart, targeted tax cut that would encourage economic growth through increased productivity and should help make Kansas more competitive. But because the cost would be borne mostly by local governments, lawmakers should do the right thing and also approve a proposed amendment that requires the state to help cover the loss in local revenue.
Posted by Phillip Brownlee
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8 Comments
Philip,When I graduate, I’ll see what I can do to help.
Phillip it is the same old BS from the local units of government. They have the increase in property appraisails and try to confince people they are holding the line on spending when in reality they are tax and spend liberals.
They just have not done an in your face tax increase because of the appraisal increases as well as fees that a lot people do not pay attention to.
We have got to bring businesses to Wichita and this reduction in this tax is a good start.
Mr. Brownlee, you’re not conceding that taxes harm economic growth, are you? I can’t recall a tax that the Eagle Editorial Board didn’t endorse. I also get the strong feeling that a few members are unhappy that taxes aren’t a lot higher than they are.
The tax money is going to come from somewhere. Probably on my next property tax statement, if history is any indication.
How about eliminating the tax on personal property. That should really give the economy a boost.
Ya know, Marvin has a point about appraisals. The county commissioners out here like to brag about lowering the mil levy. However, we have learned to ask about the size of the budget and spending. Funny how the levy goes down but the total dollars collected and spent go up.
We defeated a candidate by asking one question. Did the check you wrote for county taxes go up last year or down?
Whose dollars do you think the state will use to help “cover the loss”? Looks like the ks legislature is taking a play out of the national book. Shove the tax increases down and make ‘em think it is a cut. Shell game.
How about if the state cut spending by the amount of revenue lost and gave those dollars to local government to “cover the loss”? I bet they wouldnt be so anxious to shuffle the shells.
MarvinI am a little late in jumping in here but what your saying it is It’s bad to TAX and SPEND but good to BORROW and Spend. Or am I misunderstanding you?You know the interest on taxed money is RECEIVED by the State whereas the interest on borrowed money is PAID by the tax payer.