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Students lose out as cities, states give billions in property tax breaks to businesses - Vimarsana News

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.

Students lose out as cities and states give billions in property tax breaks to businesses − draining school budgets and especially hurting the poorest students - Vimarsana News

Students lose out as cities and states give billions in property tax breaks to businesses − draining school budgets and especially hurting the poorest students

An estimated 95% of US cities provide economic development tax incentives to woo corporate investors, taking billions away from schools.

Why is Kansas City's transit agency giving out tax breaks for housing developments? | KCUR 89.3 - Vimarsana News

Why is Kansas City's transit agency giving out tax breaks for housing developments? | KCUR 89.3

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.

Source: kcur.org
A plan to overhaul how Kansas City gives out tax incentives has been stuck in limbo - Vimarsana News

A plan to overhaul how Kansas City gives out tax incentives has been stuck in limbo

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.

Source: kcur.org
On KC's Westside, high property taxes can mean gentrification. Will these plans help? - Vimarsana News

On KC's Westside, high property taxes can mean gentrification. Will these plans help?

“People say they move here because it’s the Westside, they like the culture. Well, you’re driving the culture away.”

Source: aol.com