Thursday, May 09, 2019
CHAMBER RESOLVED AGAINST LIMITING KANSAS CITY CORPORATE WELFARE!!!
The debate over Kansas City developer tax subsidy and abutments isn't really as divisive as some might suggest. Turns out that every politico in town is on the same page as local biz leaders and their tough talk for constituents is mostly just for show.
The punchline about social justice change taking hold in Kansas City is buried in this report . . . This is really the headline:
The Chamber’s KC BizPAC committee just completed interviews with all the mayoral and council candidates, and each of them opposed Question 1.
Explainer . . .
KC Chamber Opposes Question 1 on June Ballot
The Chamber’s resolution in full:
“The KC Chamber opposes Question 1 on the June 18 ballot to establish Ordinance No. 180928 which would establish a 50 percent cap on ad valorem property taxes that may be utilized in furtherance of certain economic development projects in Kansas City, MO, and instead encourages a collaborative and thoughtful effort to develop a well-informed framework to guide an effective tax incentive plan for the city that will allow it to remain competitive and develop special incentive opportunities for development in under-resourced neighborhoods.”
Developing . . .