KC-MO's Corporate Welfare

Like most of Corporate America- the City of Kansas City- MO is in financial doo-doo.

Unlike Corporate America- what exacerbates KC-MO's troubles are corporate subsidies (welfare)- a.k.a. Tax Increment (Excrement) Financing (TIF/TEF).

Almost $10-million will be required from the city's coffers to satisfy TIF obligations with a multi-billion-dollar sanitary sewer bill ready to fall on our citizens.

On top of that idiocy- city leaders are already talking of putting ANOTHER sales tax increase on the ballot. There's even been rumors of an increase of the highly-unpopular KC-MO "Earnings Tax"- that insidious tax on tax on tax on our paychecks.

Now it appears that Lane4- the outfit that claims to makeover the eyesore known as the old Bannister Mall area- will be asking for MORE financial help from the City.

How can we say NO- NO- NO to that and convince our elected officials?

It increasingly seems to me that Kansas City's failure will be corporate welfare and cost of non-infrastructure glitz projects.

We may see council people with signs at street corners soon: "Hey Buddy- can you spare any money to help us fix (fill in this area)?"

Sheesh!!!

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