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Verifiable numbers are hard to come by in the bidding war for the Royals and Chiefs. Last year, the two teams generated nearly $70 million in city, county and state taxes, but it would take decades to generate enough revenue to make up the price tag of new stadiums.
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Even the poorest-drawing baseball teams can attract more than 1 million fans in a year, far more than any football stadium. As Kansas and Missouri continue their border war over Kansas City sports teams, should they be focused on courting the Royals over the Chiefs?
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Problems with Tesla, tariffs, and tax breaks have electric vehicle investors worried, even as Panasonic unveiled a massive new battery plant in De Soto, Kansas, on Monday. Leaders at the factory say it’s just a bump in the road.
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As Missouri lawmakers prepare to debate a counter offer to keep the Royals and Chiefs in Kansas City, economists say Kansas’ proposal to use STAR bonds may not be financially feasible. “You are not going to generate enough net revenue to cover one of the facilities, let alone two,” one expert says.
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Kansas lawmakers made passing property tax relief their top priority this session. But now that it's over, Republicans and Democrats alike are frustrated by a lack of action.
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Lawmakers promised major property tax cuts this year, but they're running out of time. The Kansas House and Senate are at odds on how to do it.
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A plan in the Kansas Statehouse would add larger registration fees for electric and hybrid vehicles to help pay for roads. The law would require hybrid truck owners to pay significantly higher fees than owners of very similar hybrid SUVs.
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When Kansas lawmakers legalized sports betting, they seemingly gave lobbyists for casinos everything they wanted. That includes tax exemptions on promotional bets that are aimed at getting bettors hooked.
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Tax collections in Kansas shrank last month compared to December 2017. Some types of tax collections sagged, but the state still beat the December...