Monday, December 09, 2019

Kansas City Corporate Welfare Ignites Economic Border War Redux

Fact is, the truce was a fugazi to begin with . . . For insomniacs, here's a late night policy read that exposes local news propaganda and reminds us that fighting over money NEVER stops in Kansas City or anywhere else in the world. Read more:

Is the Missouri-Kansas border war truce already falling apart?

A recent agreement by the governments of Missouri and Kansas to end their economic development border war was cheered across the country, including in this recent piece in The Hill. Specifically, the two states agreed no longer to use economic development subsidies to lure employers back and forth across state line - at least in the Kansas City metro area.


Anonymous said...

I'm no sucker.....

Way to smart for the crooked politics of KC said...

August 13, 2019

Missouri Gov. Mike Parson and Kansas Gov. Laura Kelly on Tuesday celebrated what they said is an end to the longstanding economic border war and pledged to usher in a new era of cooperation between the two states, whose rivalry spans more than a century.

The pair signed an agreement pledging to end the use of tax incentives to lure companies across the state line that do not create new jobs for the region. They said that practice has cost the states hundreds of millions of dollars with little to show for it.


And wait it get's even better...

Newly inaugurated Kansas City Mayor Quinton Lucas, who decried the use of public incentives in his campaign, said he agreed with that message. The U.S. cities that have shown the most economic growth are safe, livable cities that are desirable places for workers, he said.

Lucas said he’s drafted an ordinance that would limit local property tax abatements to 10 years for companies moving into Kansas City from Kansas border counties. That levels the playing field because Kansas law allows local governments to offer abatements of up to 10 years. In Missouri, cities can offer abatements of up to 25 years.