Will Kansas City Refuse Ever Corporations?!?

Developer news tells us that Waddell & Reed Nears Decision on Downtown Office Tower meanwhile this tax fighter report reveals that, of course, they want broke-ass locals to help pay for their new digs . . . Read more:

Incentives Will Never End Unless City Leaders Say No

Waddell & Reed was just granted $62 million in state subsidies, but apparently that is not enough; now they want more. Kevin Hardy at The Kansas City Star reports: The company is seeking a major property tax abatement to move into a new office tower in downtown Kansas City, according to economic development documents posted online .

Comments

  1. Why not let Waddell & Reed stay where they are? They're already in the area, and they're laying people off right and left, so the odds of anyone moving here to take a job with them is nil. Just what would KC get out of the deal?

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  2. How did anything get built before incentives.?

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  3. My daughter's losing her job at Waddell so the fat cats in upper management can parade around like King Solomon.

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  4. So? That’s capitalism bun. Don’t like it? Move to Venezuela!

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  5. Building a new building with taxpayer subsidies is socialism; laying people off willl nilly is capitalism.

    Socialism for the rich; capitalism for everyone else.

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