Kansas City Tax Jargon Almost Explained

Credit to pay for play bloggers . . . They're doing their best to keep up with the coded newspeak of local politicos & developers using 50-cent words to justify corporate welfare. 

Meanwhile . . . 

We're always amused to see low-info commenters rant against socialism without acknowledging that so many local big businesses have garnered FAR MORE taxpayer cash and incentives than any trailer park mama and her army of youngsters from a cadre of different dudes. 

But I digress . . .

Here's a nice bit of journalism that shouldn't be overlooked . . .

But, despite the prevalence of tax incentives in these parts, the dialogue around their use is often marked by inaccessible language. From “tax abatements” to “bond issuance,” LIHTC and TIF districts, the jargon around the tax incentive conversation can be overwhelming.

To help, The Beacon has assembled a list of commonly used terms to serve as a reference as readers dive into stories or prepare for community meetings with developers and local officials.

Read more via www.TonysKansasCity.com link . . .

Decoding the language of Kansas City's tax incentives: Key terms to know

Kansas City is known far and wide for its use of tax incentives.