Corporate Welfare - Commentary
Lee’s Summit EEZ: A Solution In Search Of A Problem Print E-mail
By Patrick Tuohey and David Stokes   
Friday, May 17, 2013

Lee's Summit is about to embark on an economic development scheme that has no demonstrated benefit and is likely aimed at solving a problem that no longer exists.

 
Ray County Does Not Need Enhanced Enterprise Zones Print E-mail
By David Stokes   
Tuesday, March 12, 2013

Ray County is enacting a series of Enhanced Enterprise Zones within the county. There is no evidence that these zones will help the county’s economic growth.

 
Callaway County Does Not Need An EEZ Print E-mail
By David Stokes   
Thursday, January 24, 2013

Callaway County is considering implementing an Enhanced Enterprise Zone; this would be a poor decision for the county.

 
The State Needs To Stop Acting Like A Bank Print E-mail
By Michael Rathbone   
Friday, November 16, 2012

Given the revenue shortfall, the state must re-examine its spending priorities, and spending money on the Missouri Agricultural and Small Business Development Authority is not a high priority.

 
Saint Louis Gets Ballpark Village And You Get The Bill Print E-mail
By Michael Rathbone   
Monday, October 15, 2012

Subsidies to Ballpark Village and other big-city sports complexes are a gift to some of our wealthiest citizens — sports team owners — that provide little or no broader economic benefit.

 
Why Enhanced Enterprise Zones Are A Bad Deal For Missouri Cities Print E-mail
By Joseph Haslag   
Tuesday, August 07, 2012

Do EEZs, or Enhanced Enterprise Zones, work? The short answer to that question is “No.”

 
Tax Increment Financing and Columbia, Missouri Print E-mail
By David Stokes   
Tuesday, June 26, 2012

Comments on the potential for TIF in Columbia, Missouri.

 
EEZs Are An EZ Path To Corporate Welfare Print E-mail
By David Stokes   
Friday, April 27, 2012

Columbia city officials have taken a major step toward heavier use of taxpayer subsidies, which already have been proven to fail in Saint Louis and Kansas City.

 
TIF Gives Cities An Unfair Advantage Over Other Governments Print E-mail
By David Stokes   
Friday, April 20, 2012

While the intent of Tax Increment Financing is to promote development and spur the economy in blighted areas, in reality, it favors the politically-connected and diverts funding from certain taxing entities.

 
TIF Is A Bad Idea That Refuses To Die Print E-mail
By David Stokes   
Tuesday, March 06, 2012

Tax Increment Financing has failed as an engine of economic growth. The Saint Louis County TIF commission and the city of Ellisville should reject the proposed TIF for the southwest quadrant of Clarkson and Manchester Roads.

 
The State Needs To Stop Acting Like A Bank Print E-mail
By Michael Rathbone   
Monday, December 12, 2011

Given the revenue shortfall, the state must re-examine its spending priorities, and spending money on the Missouri Agricultural and Small Business Development Authority is not a high priority.

 
The Not-So-Special Session: Lessons Learned From a Public Policy Viewpoint Print E-mail
By Andrew B. Wilson   
Tuesday, October 25, 2011

The China hub had a big credibility problem. No one — even the supporters — seemed to believe the extravagant promises made on its behalf.

 
The End of Aerotropolis Subsidies? Print E-mail
By Andrew B. Wilson   
Tuesday, September 20, 2011

There is no justification for handouts for the proposed air cargo hub at Lambert. Tax credits and other subsidies do not support the public good in any clear or identifiable way.

 
The Job-Killing Effect of the 'Do Something' Mentality Print E-mail
By Andrew B. Wilson   
Tuesday, September 06, 2011

Taxpayers, beware! The call will go out this week for “bold” and “innovative” job creation schemes at both the state and national level.

 
‘Aerotropolis’ Bill: A Giant Step Backwards in Public Policy Print E-mail
By Crosby Kemper III   
Friday, September 02, 2011

Don’t be fooled by promises of amazing returns made by supporters of the Aerotropolis legislation. The underlying economics is not there. So why have a number of self-described conservatives rushed to support a misuse of taxpayers’ money? The author calls it a “complete abandonment of principle.”

 
Aerotropolis: The Wrong Way to Get-It-Done Print E-mail
By Andrew B. Wilson   
Friday, September 02, 2011

Supporters are calling for fast action - knowing that the economic case behind the Aerotropolis legislation does not survive close scrutiny.

 
The Mayor, the County Executive, and the RCGA All Likely Have Vested Interests in the Aerotropolis Legislation: It Could Enhance Their Power Print E-mail
By Audrey Spalding   
Friday, September 02, 2011

The economic merits of the Aerotropolis tax credits are highly questionable, but if the legislature insists on enacting them, it should not allow that money to be controlled by political figures.

 
A Starry-Eyed Proposal To Rescue an Airport and Revitalize a Region Print E-mail
By Andrew B. Wilson and Patrick Ishmael   
Friday, September 02, 2011

More than a decade ago, Lambert-St. Louis International Airport rolled the dice on an ill-advised gamble on future growth that wasn’t there. Let’s hope it’s not about to repeat the same mistake.

 
How (Not) to Create Jobs: Some Advice for Gov. Jay Nixon Print E-mail
By Andrew B. Wilson   
Monday, August 29, 2011

Politicians often tout the wide variety of schemes intended to promote job creation and economic development. To think in this way, however, is to engage in single-entry bookkeeping — counting jobs gained but ignoring jobs lost because of higher taxes or increased public indebtedness. Government job creation efforts do more harm than good.

 
Lambert Director Misrepresents Missouri’s ‘Aerotropolis’ Bill Print E-mail
By Audrey Spalding and Patrick Ishmael   
Monday, August 29, 2011

If the director of the airport did indeed help introduce the “Aerotropolis” bill, there are serious questions she needs to answer. It is disheartening that the executive director of an airport would be concerned with making sure that only a few politically powerful individuals and businesses would be eligible for hundreds of millions in state tax money.

 
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