There is no need to freak out over news that Congress may change the tax treatment of airport terminal borrowing. There is a need to pay attention. Last week, the House passed a bill eliminating the tax exemption on interest from so-called private activity bonds, or PABs.
Monday, November 20, 2017
Kansas City Star Plays Stupid On Public Activity Bond Hot Mess For #NEWKCI
Not even trying to be "journalism" or whatever . . . Here's talking point press release copy from Mayor Sly's office that hopes to convince voters that they aren't going to end up paying for the new Kansas City airport in the long run. Read it and weep and then realize why our AWESOME TKC BLOG COMMUNITY stays winning: