Thursday, April 16, 2009

No Surprises In KC-MO TIF Study



Yael Abouhalkah of The KANSAS CITY STAR claims he was "surprised" at the city's honest accounting of Tax Increment Financing (TIF) costs to this city and it's citizens.


I'm frankly surprised that The KANSAS CITY "Never Met A TIF We Didn't Like" STAR is surprised.

I'm sure the STAR's executive board is kicking themselves to Broadway over the fact they DIDN'T accept TIF when they built their new printing plant.

Bottom line: Corporate TIFs cost the city and it's citizens tax money and basic services.

Period.

Especially poignant is the part where one full-tax KC-MO WalMart by the old Bannister Mall is replaced with a smaller TIF-sucking WalMart where the Blue Ridge Mall used to be.

WalMart shouldn't need TIF or anything to build anywhere.

The only thing WalMart needs is their own flag and an anthem....


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