The long running economic development tussle in Kansas City between Missouri and Kansas grabbed headlines for good reason. From 2009 to 2013, taxpayers footed the bill for $212 million in tax forgiveness only to move companies from one side of town to the other—3,300 jobs moved from Missouri to Kansas and 2,800 the other way. Missouri Governor Jay Nixon said at the time, “It’s bad for taxpayers. It’s bad for our state budget and it’s not good for our economy.” He was right.
http://www.brookings.edu/blogs/the-avenue/posts/2016/03/03-state-role-economic-development-robbins
No comments:
Post a Comment