It seems wealthy real estate developers and owners no longer invest their OWN money in projects- they want welfare from battered taxpayers.
If the developers of The Great Mall of the Great Plains gets their way from Olathe politicians- a 1.5 cent raise in sales tax would be added on to purchases made at or near that south Olathe mall.
The sales tax rate in Olathe is ALREADY 8.65%!!!
The KANSAS CITY (MO) STAR says that TGMOTGP owner Great Olathe Center LLC wants the sale tax increase to finance a reconstruction of the mall property- and if approved- sales tax at TGMOTGP would top a whopping 10%.
When are city officials in the UCSA going to quit giving away the tax base to wealthy developers?