Let Missouri’s Low-Income Housing Tax Credit Rest in Peace
Why are Missouri lawmakers considering reauthorizing a program they know doesn’t work well? Yesterday, the Missouri House of Representatives approved new...
Restarting Missouri’s Low-Income Housing Tax Credit Program Is Still a Bad Idea
Ever hear the phrase “throwing good money after bad?” That’s what Missouri lawmakers are considering doing with the proposal to...
Is General Motors Going to Get a Tax Cut Instead of Missouri Taxpayers?
We’re in the twilight of the legislative session here in Missouri, and as tends to happen, it looks like there’s...
No, Low-Income Housing Tax Credits Aren’t Effective
Sometimes it seems as if politicians can always find a justification for spending more taxpayer dollars. Despite numerous academic studies...
Low-Income Housing Tax Credits Are Being Reformed? Not So Fast
Last week, the Missouri Senate gave preliminary approval to a plan that supposedly “reforms” the state’s low-income housing tax credit...
Missouri Tax Credit Program Halted for Now
On Monday, Gov. Mike Parson made two appointments to the Missouri Housing Development Commission, the body in charge of awarding...
Political Courage: LIHTC Program Cut to Zero by MHDC
The details are still trickling out, but news is now breaking that the Missouri Housing Development Commission (MHDC) voted 6-2...
State Audit Recommends Sunset Of Historic Preservation Tax Credit
You saw the original, and now here’s the sequel. Just weeks after producing an excellent report on Missouri’s Low Income...
State Audit Recommends Sunset Of Low-Income Housing Tax Credit
A new state audit recommends a sunset of the state’s low-income housing tax credit. It’s a great recommendation that we...
Could The Tax Credit Bar For A ‘Solid Investment’ Be Any Lower?
Former Missouri Sen. Jeff Smith wrote in an op/ed published in the St. Louis Post-Dispatch last week that the “conventional...
An Ode to Caps
Last week, a committee of the Missouri Tax Credit Review Commission reviewed the Historic Preservation Tax Credit and the Low...
Props To Sen. Crowell For Speaking Out Against Budget Gimmicks
Today, the Missouri House of Representatives approved a $24 billion state budget. What remains to be seen is whether that...
Tax Credit Sunsets: A Step Toward Reform
Over the last few months, we have worked hard to make the following point crystal clear: Tax credits that are narrowly...
Witches, Economic Development Promises, and Baseball
I had no idea that there were so many witches in Romania. Or that European politicians (including French President Nicolas...
Aerotropolis and the Climate for Substantive Tax Credit Reform
News on the proposed China Hub tax credits has been pretty sparse the past few weeks. Just before the Missouri...
“Wouldn’t You Fight It if the Taxpayer Pays for Your Development Instead of You?”
Last month, the Post-Dispatch published an article by Tim Logan illustrating the significant lobbying power of the individuals and companies...
Eliminate, Reduce, Discount, or Cap? Considering the Future of Missouri’s Historic Tax Credit
Missouri’s Tax Credit Review Commission, like the Bowles-Simpson National Commission on Fiscal Responsibility and Reform, is a far-from-perfect mechanism for...
Graphic in the St. Louis Business Journal Raises More Questions
In a St. Louis Business Journal editorial, the chief operating officer of a development company praises low-income housing tax credits...
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