Newsflash: Kansas City Royals Consider Corporate Welfare Financing From Feds

An odd tradition amongst our political elite . . .

KANSAS CITY LEADERS MISTAKENLY THINK THAT TAXPAYER MONEY FROM THE FEDS IS FREE!!!

In fact . . .

Every dime they take come at the cost of programs that could provide job training, infrastructure repair or healthcare for the working poor. 

Meanwhile, here's baseball justification . . . 

"We believe the federal government may play a role ... as we consider some creative ideas that could further build community, despite the interstates that are in and around Downtown," team COO Brooks Sherman told attendees at a Jan. 31 project listening session at the Kansas City Urban Youth Academy.

One possible — and potentially lucrative — financing ingredient might be hiding in plain sight: the federal Opportunity Zones program, through which investors can tap multiple tax benefits for capital gains they reinvest in designated low-income census tracts.

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

How Opportunity Zones could be a player for $2B Royals stadium, ballpark district - Kansas City Business Journal

Opportunity Zones at least partially overlap with the majority of site prospects the Kansas City Royals have considered for a $2 billion baseball stadium and ballpark district in or near Downtown. Depending on where the team ends up, the federal program could unlock millions of dollars in tax savings for project investors.