Kansas Tax and Business Climate Report

Abstract

This study was commissioned by Kansas, Inc. to investigate the tax and business climate of Kansas and six states in the region (Missouri, Iowa, Nebraska, Oklahoma, Texas and Colorado).

This study provides a detailed discussion of three tax structures: corporate income taxes, sales and use taxes, and property taxes. The study also presents a comprehensive evaluation of factors which contribute to a healthy business climate including: business costs, regulatory environment, infrastructure and transportation, and workforce characteristics.

To compare the tax and business climates, this study investigates firms in four industry types: light manufacturing, heavy manufacturing, administrative back-offices, and professional services. Sixteen proprietary models are used to analyze business costs and tax structures for four typical firm-types in four separate scenarios. The study reports the results of an economic model and discusses policy considerations based upon these results and interviews with regional business leaders.