Baseball World Series Affect On Kc Economy

Collections were $61 million below expectations in July, August and September (combined total). Following that, the total receipts were $15 million, or almost 3 percent, below expectations in October, according to the Kansas Department of Revenue. Added up, in the first four months of the fiscal year starting in July, Kansas is now roughly $76 million under revenue expectations. The state broke out of an eight-month-long streak of missed estimates in November. But December’s lower-than-expected receipts (under $11 million) ruined hopes of the November figures (up $8 million) in which we thought was the start of a new, positive trend. Ever since 2013, the tax cuts have fallen short of creating the surge of new dollars that Brownback once boldly predicted would almost immediately flow to the state. Also, the state has been among the worst in the nation in recently in creating new nonfarm jobs, again, the opposite of what Brownback had said would happen after the tax cuts were implemented. On July 1, the statewide sales tax jumped from 6.15 percent to 6.5 percent. “The fact that sales tax revenue was below estimates, even after Republicans passed a massive sales tax increase, is an indication of just how much Kansas families are struggling under the Brownback tax plan,” said House Minority Leader Tom Burroughs, D-Kansas City. “A tax plan that is overly dependent upon a sales tax is neither

Analysis of how the article demonstrates a specific economic or social aspect of your selected topic:

The biggest winner of this year's baseball season might be Houston and Los Angeles. Pulling the series out to seven games has really impacted the economy of both towns. Plus the excitement of the competition has people humming as many are in a good mood. The games have brought people closer together and created a bond in communities where life seems to be less than predictable. Who knew Dodger fever could be a good thing to be infected with? Now we only need to see who wins this crazy

1. The financial choices we make impact our economy. Think of a recent item you purchased. What factors influenced your decision in making this purchase? Did this purchase impact your local economy? Explain why or why not.

The hurricane affected Houston in an economic way by stopping production because without oil wen cannot make gases without gas some people cannot go to work because they do not have gas in their car. Another way the hurricane affected Houston in an economic way is by taxes because some place in Houston are destroy by the hurricane so people don’t have enough money to pay taxes. The hurricane affected Houston in a Social/Cultural Factors way is by food because a lot of markets were flooded by water so there were not much of good for people to buy and their prices were a little bit high because of the hurricane, another way the hurricane affected Houston in a Social/Cultural Factors way is by clothes because weather in your house or a market

Summary: The author who wrote this article is Arthur (2016) and he talks about the Cubs winning their first title in 108 years. He describes his emotions when the Cubs won the final game. For example, “The first thing I did after Chicago won was call my dad, Tom Arthur”. (Arthur, 2016, p. 1). He created this source to tell people how he was feeling and what his emotions were like after his favorite team won the World Series. People are more likely going to read this article because most people in the United States were cheering for the Cubs. A lot of people were feeling the same way this author was going though. The audience would be any Cubs fans or anyone who likes to these kind of stories. Another type of audience would

Nelson. "Is Baseball Recession-Proof?" Research in Business and Economics Journal 8 (2013): 1-10.ProQuest. Web. 2 Dec. 2015. The growth and popularity of baseball has been a constant since its beginning. The idea that baseball is "recession-proof" is not a new and unique concept. Consistently game attendance, consumption of Major League Baseball-related products, and ticket sales have all increased yearly. The journal states that "local economic variables generally do not have a statistically significant influence on attendance", therefore cementing the authors' point that baseball is seemingly recession-proof. The authors ran multiple experiments on several different models, all which resulted in consistent findings, economies may lag, and recessions come and go, but baseball remains untouched by economic downfall. Upon closing the article, the authors ponder a new and coming problem, stagnant income growth, coupled with the increase in demand for tickets may drive up price to a point where purchase for the average attendee may become too expensive, which would in turn would break the recession-proof nature of

The city of Springfield, Massachusetts were blessed with the basing of a baseball minor league franchise in their city. But the class A team is faced with great revenue generation challenges that will make or mar the organization. The new team might likely take advantage of the fact that closest sports franchised teams are all located 90 miles away from Springfield. This might create a ticket and concession boom for the team and other benefits like employment and taxes for the city. The city has a considerable moderate family income and a recent growth index in the healthcare, financial, and other small and medium enterprise sectors is an advantage

For 50 years, baseball had just 16 teams, all in the Northeast and the Midwest. But after the 1957 season, baseball finally expanded to the West Coast. The leagues were split into two divisions each, the East and the West. The champions of each division would face off in a League Championship Series. Then the Winners of those series would meet in the World Series.

Research of social impact of events is one of the emerging topics in event management literature and has a great degree of importance for a variety of different reasons considering their short term, high profile and a relatively profound effect on everyday life of local communities. (Ritchie

This essay will contain an evaluation on how the state responded to the three classic crashes: Tulip Mania, the Mississippi Bubble, and the South Sea Bubble. To be able to understand and evaluate the response of the state to each crash, we first need an understanding on what was actually going on in each crash from the beginning, hence what actually made the bubble burst in each case. What were the similarities and differences between the crashes, and at the end there will be a comparison to the HBO movie “Too Big To Fail”, and how the crash was handled by the state in that case, in contrast to the three classic bubbles.

As for the benefits I will examine the benefits of recovered losses when comparing pre Katrina data to post Katrina dat. The areas where I will be examining are tourism recovered, port operations recovered, wages recovered,

What if a tax increase came to a city because of a sports team, would it be alright? Of course not, right? Well, consider being told as a tax payer and being told it will help the economy of city to build a stadium. However, a tax increase is never highly looked upon, and large companies sell extraordinary economic growth, and cannot produce the promise.

Despite periods of rising prosperity, the last three decades have been characterized by middle and lower-income wage stagnation; a lack of job opportunities for those without a college degree; and a speculative bubble-inducing trade deficit. While the exports in Kansas have been growing at a consistent rate, a significant increase in Kansas’s exports could dramatically improve these conditions, both nationally and statewide. (Brookings Program). To encourage this economic activity there have been several efforts made by both the government and private sector.

The board game Monopoly is played amongst a group of 2-8 players. Each player roles his or her dice and move around the board landing on properties, railroads, or utilities. The properties typically raise in value the further along a player moves around the board. The thought of Boardwalk’s value depreciating to Mediterranean Avenue is unheard of in the board game of Monopoly. However, in the real life game of Monopoly, a major city in America (Detroit, Michigan) had experienced a catastrophic depreciation in value that ultimately led to the city filing for chapter 9 bankruptcy. This writing assignment will evaluate the components that led to the rise and fall of a major city in America. First, it is important to examine the components that led to the growth and prosperity of Detroit, Michigan.