TKC MUST READ: SUPER DAVE EXPLAINS KANSAS CITY TAX SCHEME TERMINOLOGY!!!
An important and kinda hilarious primer on the topic of local taxes this morning from Super Dave.
Take a look:
Super Dave Seyz:
Tax Increment Financing (TIF), Transportation Development District (TDD)' and Community Improvement Districts (CID) are all scams that take tax payer dollars and puts it into the hands of people who want to use "your" money to finance their developments at no risk to the developer which in the end really gain the general public nothing in return.
All three tax scams need to go away and all developing needs to be paid for by the developer.
CID, Community Infused Disaster
TDD, Totally Dumb Decision
TIF, Totally Incredibility Fraudulent.
You decide . . .