Thursday, November 16, 2017
SHOCK!!! KANSAS CITY MAYOR SLY RAGES AGAINST GOP TAX CUT PLAN!!!
Here's the Kansas City angle of a coordinated attack against Republican-led tax reform that has been championed by both right-wing party leaders and the Trump Administration . . .
Mayor James Urges Congress to Reject Tax Bill Provisions that Would Cripple Infrastructure, Increases Burden on Kansas City
Money line . . .
"Mayor Sly James today urged Congress to reject tax bill proposals that would slow economic growth, cripple the City’s ability to deliver critical infrastructure projects, and increase the financial burden of Kansas Citians.
“We need an agenda to revitalize and restore the infrastructure of our cities, not cripple future investment in our urban centers,” said Mayor James.
"Currently, separate tax reform proposals are being considered in the U.S. House and Senate. There are troubling provisions in each of the bills that would hurt, rather than help, Kansas City. Most troubling are provisions to eliminate Private Activity Bonds (PAB) in the House bill and the repeal of Advanced Refunding Bonds in both the House and Senate bills. PABs are essential to a number of City infrastructure projects and expected to be a significant tool in financing the new KCI airport approved by voters earlier this month; elimination of PABs could throw the project’s future into question."
Here's another link to the post in its entirety.
You decide . . .