Open for Business? Look Again
The real story behind Kansas’ new business numbers
There’s been a lot of talk about new business growth in Kansas, but the numbers require a second look. The Secretary of State’s most recent report focuses only on newly incorporated businesses but doesn’t tell us how many were left standing at the end of the year. And when you do the math, the net new growth in Kansas in 2013 is actually smaller than before the tax cuts of 2012 took effect. You wouldn’t base your family’s budget on gross earnings in your paycheck, and Kansans shouldn’t mistakenly count new business filings as the number of new businesses actually operating in the state.