Bernthal-The Way It Oughta Be: Tax Breaks
(KPLR) – Looking for a tax break? Well, JB has some thoughts on those seeking or looking for Tax Breaks.
I haven’t had any luck yet but I’m looking for anyone willing to offer a tax break for employees who carry their own chair.
Seems like everyone else is getting in on the tax breaks so why not me.
There will be a public hearing this week on a proposed TIF in Shrewsbury and you may have heard about a proposal to give tax breaks for amateur sports in Missouri.
It’s all part of a nasty competition over economic development dollars. It would be great to say, hey we’re not giving any tax breaks…we’re only welcoming projects that make sense.
But if we did that, then all the development would go next door.
The problem isn’t the incentives we’re offering, the problem is the incentives the other guys are offering.
And in St. Louis, with all the different municipalities there’s a lot of competition.
It’s too bad all the Muny’s can’t agree on a regional policy for tax incentives.
Then we could focus on what businesses really want, and that’s educated workers.
I’m JB and that’s The Way It Oughta Be.