The latest taxing trend takes aim at the alleged 24 million tourists in Kansas City every year. With even more eco-devo cash approved today . . . Here's yet another hotel passing more taxes with City Hall's help: Hotel wants to charge 1 percent sales tax for renovations
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So basically, the Marriott (and likely the Intercontinental and any other hotel in the city) can charge a 1% charge (on top of the surcharge for the Sprint Center deal) and they won't get taxed on that money. So it's basically free money to the hotel with no direct benefit to the city and tax payers other than the HOPE that it'll draw more conventions and well profit pennies off of that if it were to happen.
ReplyDeleteIt's amazing how the city bends over backwards and is willing to drop their pants for the elites and people/entities who DON'T need financial help. Yet regular citizens can't even get their streets shoveled in the winter or safe sidewalks built.
425 it's worse than that. They are forcing other, competing hotels, to pay for the Marriott's renovation. So direct competitors from the airport to the stadiums andsome as close as a half mile away are forced to pay for the renovation of a hotel that will take business from them. This kind of government interference in the free market, and blatant governmental favoritism of one company to the very real detriment of another is absurd.
ReplyDeleteThis asinine decision by city Hall will cost real jobs. This coupled with the real boom in private investment bringing new rooms into the market will cause job cuts. As I work on my budgets now, I am already having to grapple with cutting workers, now as a result of this I have to do a new evaluation of of the the year market tend. This will be detrimental to other hotels not called Marriott. We just can't compete with government favoritism.
ReplyDeleteHow about tying the riddance of bed bugs to any NEW tax monies......
ReplyDeleteI will be sure to stay here next time I visit KC just to piss you people off. Sincerely, Mr. STOPLIGHT
ReplyDeleteShut it ^^^^^ Liar
ReplyDeleteJesus the genius in this town scares the shit out of me. Doesn't it makes sense that if the Marriott wanted to spend money on renovations rather than ship the money to their stock holders they'd just raise the price of everything by two percent and take the tax deductions too? Now either I'm fucking nuts or this plan is a fucking scam job. Why would a business, in business to make money, hoard their profits and then support a city tax to pay for their renovations to a business that apparently can not make enough money to paint the ceiling in the first damn place? How is the city taxing a percent going to be better for anyone if the hotel can not afford renovations selling the same shit the city is going to be taxing? Have we finally reached a point in KC where corporations don't need to learn to make enough money to pay their expenses? This is about the stupidest fucking thing I have heard of since Sly running for mayor.
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