Kansas City TIF Commish Forges Ahead With MILLIONS In Free Money For Royals

Crony capitalism cont'd . . . 

"The Tax Increment Financing Commission approved a plan to redirect nearly $382 million in new economic activity tax revenue generated by the stadium toward paying off ff the city’s bond debt over 30 years."

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

TIF commission advances plan to help pay KC's $600 million for Royals stadium

The plan redirects up to $382 million of taxes on new economic activity generated by the stadium to help pay for the city's bond debt.

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