Tax Study Released Today

A new study on the ramifications of lowering the state income tax was released today at a statehouse news conference. Bernie Koch, executive director of KEPC, and study author Dr. John Wong presented findings at the statehouse today. The study finds that, for every 1 job created, 1.63 are lost due to study released today finds that a lowering of the income tax would result in a loss of 1.63 jobs due to a reduction in overall state spending. The study was commissioned by the Kansas Economic Progress Council.

The press release is available here, and the ful text of the study is available here.

Dr. Wong’s slide deck is available here.

KEPC UPDATE: Kansas Speaks, lagging employment growth, legislature supports transpo

  • Docking Institute releases 2014 Kansas Speaks Survey
  • Kansas still lags region in employment growth
  • Survey shows legislative support for transportation

 

Docking Institute releases 2014 Kansas Speaks Survey

What is probably the most comprehensive survey of what Kansans are thinking came out over the weekend.

The sixth annual Kansas Speaks Survey was prepared by the Docking Institute of Public Affairs at Fort Hays State University.

In general, Kansans are more dissatisfied than satisfied with their state government; favor raising taxes on the rich and large corporations; and a whopping 82% think teachers should have the right to a due process hearing.

The survey was taken between September 10 and September 27 by contacting 952 random adult residents of Kansas. The Institute says the survey has a 3.2% margin of error.

Here are some of the many findings:

  • A strong majority, 85 percent, say Kansas is at least a “good” place to live, and only 3 percent said it is a “poor” or “very poor” place to live.
  • Half (50%) of respondents said the Kansas economy was at least in good condition.
  • More than sixty percent (61%) of respondents were “very” or “moderately concerned” that economic conditions in Kansas will threaten their families’ welfare.
  • One-third (33%) of respondents were satisfied with Governor Brownback’s efforts to improve the Kansas economy, and 47% were dissatisfied.
  • When asked about Kansas government spending only, 29% percent of respondents said that Kansas government spending should be “increased,” 35% said it should be “decreased,” and 37% said it should “remain the same.”
  • Two-thirds (66%) of respondents favored increasing taxes on large corporations.
  • More than half (58%) of respondents favored “increasing” taxes on top income earners.
  • Three-fourths (75%) of respondents felt it was “extremely important” or “important” for Kansas to devote resources to the development of wind energy.
  • More than eighty percent (82%) of respondents “agreed” or “strongly agreed” that Kansas teachers should have the right to appeal dismissals by their administrators through a due process hearing, whereas 18% “disagreed” or “strongly disagreed.”
  • About sixty percent (59%) of respondents believed that Kansas physicians should be allowed to prescribe marijuana to patients for the therapeutic benefits, whereas 30% opposed allowing therapeutic use of marijuana.

 

These are just a few of the many findings of the survey. You can read the survey at the Docking Institute’s web site.

Click on Kansas Speaks 2014 to read the entire 68 page document.

Information from the Kansas Speaks Survey was also included as a supplement in three Sunday newspapers in Kansas: The Hays Daily News, The Topeka Capital-Journal, and The Wichita Eagle.

 

Kansas still lags region in employment growth

Here’s a quick update on last week’s September employment figures for Kansas. You may already know that Kansas jobs grew about 0.7% from September of 2013 to September of 2014 (seasonally adjusted), according to the Bureau of Labor Statistics.

Here’s the comparison to the states in our region for the same period.

Colorado                     2.8%

Oklahoma                    2.1%

Missouri                       2.0%

Arkansas                      1.5%

Iowa                            1.4%

Kansas                        0.7%

Nebraska                     0.7%

 

Survey shows legislative support for transportation

The state’s leading transportation coalition, Economic Lifelines, recently surveyed candidates for the Kansas House of Representatives and found overwhelming majority support for the T-WORKS 10 year, $8.2 billion transportation program passed during the 2010 Legislative Session.

Economic Lifelines says the majority support the program and its funding formula and oppose diverting funds away from it.

“We felt it was important to engage lawmakers and legislative candidates as revenue projections put strong pressure on the budget,” said Michelle Butler, Economic Lifelines Executive Director.  “Protecting the dedicated revenue source of 4/10 cent sales tax is crucial to delivering T-WORKS for all 105 counties.”

21 incumbent lawmakers and 36 candidates seeking office responded. Another 22 legislators have a pro-T-WORKS voting record.

“It is clear that legislative candidates understand the importance of T-WORKS, the value it brings to Kansas and the impact it has on local communities,” said Butler.  “Kansas communities are counting on these transportation projects that create jobs and boost economic vitality.”

T-WORKS is set to deliver 37 major new improvement projects throughout the state, make travel safer, and return more than $10 billion to the Kansas economy. In addition to improving access to markets and making the state more competitive, T-WORKS provides an estimated 175,000 construction and supplier jobs over the life of the program.

Economic Lifelines is encouraging Kansans to ask Kansans whether they support the program.

KEPC UPDATE: Employment figures for KS and region

A look at the latest employment figures in Kansas and the region Here’s a quick update on last week’s employment growth figures for Kansas. You may already know that Kansas jobs grew about 0.8% from August of 2013 to August of 2014 (seasonally adjusted). How does Kansas compare to the states in the region? The […]

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KEPC UPDATE: Koch op-ed, $238M shortfall in 2016, contractors aim to protect transpo funds

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KEPC UPDATE: Standard & Poor’s lowers KS bond rating

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KEPC UPDATE: WSU study questions cuts, rural roads more dangerous

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KEPC UPDATE: Revenue drop meaning; Nobel Prize winner critiques tax plan

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KEPC UPDATE: State borrowing; Jordan: Revenue drop in June; Fiscal Cliff/Capital Gains; Medicaid expansion

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