Students lose out as cities, states give billions in property tax breaks to businesses
Districts can't afford to maintain facilities or add to curricula as business tax breaks go to large corporate entities.
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Districts can't afford to maintain facilities or add to curricula as business tax breaks go to large corporate entities.
An estimated 95% of US cities provide economic development tax incentives to woo corporate investors, taking billions away from schools.
KCATA's development arm aims to create walkable, mixed-use neighborhoods with easy access to public transit. But some Kansas City leaders are concerned about the agency's use of tax incentives — and lack of affordable housing requirements.
Critics say that the streamlined tax incentive process under Ordinance 220701 would prevent Kansas City residents from providing input on developments that could affect their children’s schools or their own cost of housing.
“People say they move here because it’s the Westside, they like the culture. Well, you’re driving the culture away.”