Earlier this week, seventeen area business executives signed a letter to Governors Brownback and Nixon. I'm posting a link to this letter because I could not agree more with what these men are saying. I might add that the erosion of the tax base may ultimately be detrimental to these businesses. Aside from the state of local infrastructure, on which businesses directly depend, a declining tax base also means a decline in the quality of life. If an employees quality of life declines he'll search for greener pastures. How long before his former employers follow?
April 13, 2011
CEO's Letter
Earlier this week, seventeen area business executives signed a letter to Governors Brownback and Nixon. I'm posting a link to this letter because I could not agree more with what these men are saying. I might add that the erosion of the tax base may ultimately be detrimental to these businesses. Aside from the state of local infrastructure, on which businesses directly depend, a declining tax base also means a decline in the quality of life. If an employees quality of life declines he'll search for greener pastures. How long before his former employers follow?
Labels:
economic development,
taxes
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4 comments:
I hope they're successful, but highly unlikely at this point because Kansas is doing all the poaching. It has to go both ways before there's any incentive for the side that's winning to stop.
I agree with the previous comment. We'll need to reach a point of Mutually-Assured Destruction (MAD) before there is an incentive to stop. I disagree with a statement made in the original post that employees would seek greener pastures if their quality of life was impacted by the erosion of the tax base. I suspect that they would simply move within the metropolitan area, rather than seek a new job. This would, of course, reinforce sprawl in many cases. Siz of one, half-dozen of the other.
Anonymous 9:02,
Is it Kansas doing the poaching or just Johnson County? Yes, I know. 'What about the Wizards?' High profile poaching aside, the whole picture may not look the way we think.
I'd like to see a breakdown. If it's more JoCo than anyone else, then perhaps an alliance of everyone but JoCo could get them to play ball.
Just speculating.
Why would the other Kansas counties join Missouri in an alliance against Johnson County? WyCo has also benefitted from the poaching, as has Leavenworth County. Taking sides against JoCo would be shooting themselves in the foot! It's the State of Kansas that is coughing up the big bucks to entice businesses across the stateline. Sure, the local governments may be coming up with a contribution, but the big money is from the State of Kansas. How long can a state who is experiencing significant revenue "shortfalls" afford to write some big checks for the upfront c ash they are providing?
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