By: Daniel Moritz-Rabson
On June 16, 2015, Kansas Governor Sam Brownback signed two bills, enacting significant increases in the sales and cigarette taxes in an attempt to cover the $400 million budget deficit for the fiscal year July 1, 2015. In a state experiencing budget shortfalls and financial issues because of tax cuts advocated by Governor Brownback and the Republican State Legislature, the decision to increase taxes represents an unusual about face from lawmakers occurring because of Kansas’ dire economic situation.
After taking office in 2011, Governor Brownback started implementing...
By: Nathaniel Crosser
People are disillusioned with and distrust bankers. Yet in many areas “banking” is not a dirty word and bankers are respected members of their communities, much like town doctors or lawyers. Such bankers operate community banks, entities unlike their bulge bracket megabank brethren we read about in the news. It is important to understand the differences between community banks and banking conglomerates such as Bank of America Merrill Lynch and JPMorgan Chase & Co.
The Case Study: The Bank of Prairie Village (BPV)
Prairie Village, Kansas is...