Kc Tif

[Made in the USA]

Did KC's Commissioners get a lesson from DC's Commissioners? No, wait a minute, in DC we just give them tax abatements for a hundred years. That way the rest of us citizens have to support them!!!



Kansas City Star | 03/04/2007 | TIFs eat into KC’s finances

[K C Muffin]

The only thing is, in KC there is a better chance of getting that money elsewhere. In DC, there rarely is. Like the IRS building in the article, there will be money gained from the city-owned parking structures, etc., that will offset a large part of the tax incentive. Plus, it draws workers from other areas of the metro and they spend their money during the day there. Until you have real movement of the people from daytime to nighttime, it's really hard to see the gains. Huge numbers move from the Olathe, Overland Park area to downtown every day. All those people have to eat lunch somewhere and some of them don't pack their lunch.