Archive for the ‘kansas city’ Category

Self’S LLC Renews Talk on Closing Tax Break
May 17, 2016

(AP) – Bill Self isn’t paying state taxes on the bulk of his millions of dollars of income as men’s basketball coach at Kansas, all legal under 2012 tax reforms.

KCUR (http://bit.ly/1Tkll2m ) reports Self earns a taxable salary of $230,000 a year.

But he also gets at least $2.75 million annually from the entity that runs the school’s intercollegiate sports, and that money goes to Self’s BCLT II limited liability company. That’s among the nearly 334,000 Kansas businesses that owe no state income taxes under Gov. Sam Brownback administration’s 2012 tax cuts. Self’s tax break comes out to more than $125,000 a year.

Kansas Senate Minority Leader Anthony Hensley of Topeka says he likes Self. But he argues that while the cuts were meant to create jobs, Self doesn’t do that.

Brownback Signs Bill Dropping Welfare Benefits for Needy Families to 24 Months
May 16, 2016

(AP) – Kansas Gov. Sam Brownback signed a bill Monday that he said is aimed at freeing more people from poverty, but opponents argue the new welfare restrictions leave families without a safety net during financial difficulties.

Under the new law Kansans will be limited to 24 months on cash assistance over their lifetime. The previous limit was 36 months.

Able-bodied recipients of food assistance also will be required to participate in an employment or training program and not quit a job that offers at least 30 hours of work per week.

The Brownback administration estimates that about 9 percent of the approximately 4,900 households receiving cash assistance will reach the new lifetime limit within the next year.

Selling Kemper Could Save Millions
May 16, 2016

Selling Kemper Arena to the Foutch Brothers Development company could save City Hall millions of dollars, according to City Councilman Scott Taylor.

“Anywhere from five to six million dollars, anywhere up to 10 million dollars, pending upon how it’s torn down,” said Taylor.

The city also spends about a million dollars a year just keeping the building operating.

The Foutch Brothers originally presented a plan to buy Kemper to the City Council. In their plan, Kemper would have a second floor on the second deck and use it has a youth sports facility for basketball, soccer and other sports.

Foutch Athletics already runs two indoor facilities in the Kansas City area and two more in other locations in the Midwest.

Taylor also thinks a revitalized Kemper could help encourage more economic development in the West Bottoms.

Taylor says the facility would draw families who would be dropping off athletes to compete there.

“They’re going to need a place to eat, to shop. This will spur economic activity,” Taylor said.

There will be a special City Council Committee meeting Wednesday night at Kemper area on the proposed sale.

It will be preceded by a tour of Kemper which is open to the public.

Kansas Senators Start to Talk of Tax Money Solutions
April 28, 2016

(AP) – Three Republican senators are proposing a bill to reinstate income taxes for more than 330,000 Kansas business owners.

The Senate Tax Committee reviewed the proposal Thursday as lawmakers try to address the state’s $290 million budget deficit in an election year.

State budget officials say reinstating the tax on farmers and business owners would bring in an estimated $170.6 million in fiscal year 2017. The bill would tax 70 percent of their income.

The Wichita Eagle reports (http://bit.ly/1SvNGDR ) business groups strongly oppose reversing the tax exemption. Democrats and others say the bill doesn’t go far enough to solve the state’s budget problems.

Gov. Sam Brownback proposed the tax exemption as part of a package slashing personal income taxes in 2012 and 2013, which he said would stimulate the state’s economy.

McCain Thinks Roberts’ Hold on Army Secretary Misses the Mark
April 28, 2016

(AP) – Kansas Republican Sen. Pat Roberts is blocking a vote on the nomination of Eric Fanning to be the next Army secretary. At issue are efforts by the president to close the prison at Guantanamo Bay, Cuba, and transfer detainees to the United States.

Republican Sen. John McCain tried to secure a vote on Fanning, who if confirmed would be the first openly gay leader of a U.S. military service.

But Roberts objected on Thursday, saying he won’t relent until the White House promises no detainees will be moved to Fort Leavenworth in Kansas.

McCain says it’s unfair to block Fanning’s nomination over an unrelated issue. McCain calls it a distortion of the Senate’s advise and consent role.

Fanning has served in several roles at the Pentagon.

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