Kansas Juxtaposition: Chiefs Paid Ahead Of Tax Relief

Important perspective from our conservative friends as former Super Bowl champs are quickly burning up good will across the metro . . . 

Check-it . . . 

"The $2 billion subsidy doesn’t come from existing taxpayer funds; the debt will be repaid from future sales tax collections generated within the STAR bond district. However, taxpayers will still bear high costs.

"Taxpayers have a finite amount to spend on entertainment, so much of the money spent within the STAR bond district is mostly a shift of economic activity, rather than new activity. Now, the sales tax generated by activity in Kansas is funding schools, social services, and other government services. However, sales tax collected from economic activity that shifts to within the STAR bond district will instead be used to pay off the $2 billion debt."

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

$2 billion for the Chiefs moving to Kansas; property tax relief remains elusive - The Sentinel

Taxpayers will pay off $2 billion in debt for the Chiefs stadium, but they are still waiting for property tax relief.

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