Corporate Welfare - Video
Show-Me Now! Missouri businesses on the Dole Print E-mail
By Michael Rathbone   
Thursday, October 23, 2014

Policy Researcher Michael Rathbone notes that Missouri is one of the top 10 states... for corporate welfare. According to Veronique de Rugy of the Mercatus Center, the Show-Me State has given away over $5 billion to well-connected big businesses. A better approach would be across the board tax cuts.

 
Show-Me Now! Gone Girl, Gone Money Print E-mail
By Michael Rathbone   
Thursday, October 09, 2014

Missouri taxpayers underwrote the recently released Gone Girl to the tune of $2.36 million. Was that investment worth it?

 

 
Show-Me Now! Is Kansas City Addicted to Corporate Welfare? Print E-mail
By Patrick Tuohey   
Thursday, September 11, 2014

Tax Increment Financing and similar tax subsidies are intended to improve areas that are blighted, but is that what they're really used for?

 
Show-Me Now! Kansas City's Hail Mary Pass? Print E-mail
By Patrick Tuohey   
Thursday, September 04, 2014

Patrick Tuohey notes an effort in Kansas City to bring the Super Bowl to town, but is it worth it? Several research papers have shown that the tax revenue used to bring big events to a city is only rarely  recouped by the revenue generated by the event. Kansas City should spend tax payers money on more pressing needs.

 
Show-Me Now! Greene County's Bad Bet Print E-mail
By David Stokes   
Wednesday, July 02, 2014

Greene County's decision to back a land development deal has turned south for tax payers.

 

 

 

 
Show-Me Now! Corporate Welfare In KC Print E-mail
By Patrick Tuohey   
Tuesday, April 22, 2014

Burns & McDonnell is a Kansas City success story, so why is it asking taxpayers to fund the development of a lot next to its corporate headquarters? Read Patrick Tuohey's testimony before KC's TIF commission against this corporate welfare.

 

 
Show-Me Now! Thumbs Up To Gander Mountain Print E-mail
By David Stokes   
Thursday, April 10, 2014

Gander Mountain just opened its first store in Missouri, in the St. Louis suburb of Fenton, with plans to open more locations in the Show-Me State. David Stokes is excited about this new store because the corporate policy is to not take tax subsidies as the company expands around the country:

 
Policy Presentation: A Public Discussion About Kansas City International Airport Print E-mail
By Crosby Kemper III, Patrick Tuohey, and Joseph Miller   
Monday, March 10, 2014

The Kansas City Aviation Department has proposed building a new terminal at Kansas City International Airport (MCI) that could cost $1.2 billion or more. While the city has attempted to collect information on the project independently, most of the data comes from the very people who support the project. In this discussion, the Show-Me Institute will share the results of its own research on the costs, challenges, and likely results of such an endeavor.

Read more of the Show-Me Institute's research into Kansas City International Airport at ShowMeDaily.org.

 

 
Patrick Tuohey on Kansas City International Airport Print E-mail
By Patrick Tuohey   
Thursday, March 06, 2014

Patrick Tuohey explains that the cost of a new terminal at Kansas City International Airport would be passed along to passengers. Higher ticket prices would result and that could cause airlines and travelers to look for alternatives to KCI.

 

 
Michael Rathbone on Stadium Sweetheart Deals Print E-mail
By Michael Rathbone   
Thursday, February 13, 2014

Michael Rathbone talks about the fairness of public financing for stadiums. Currently, $24 million in taxpayer money is spent annually for the original construction of the Edward Jones Dome. Saint Louis City taxpayers contribute $6 million of that. Saint Louis County taxpayers contribute another $6 million. And the state of Missouri contributes $12 million from the public coffers each year, but it doesn't make sense that Springfield and Joplin residents are paying for a stadium that they rarely use:

 

 
Three Recommended Reforms For Tax Increment Financing (TIF) Print E-mail
By David Stokes   
Friday, January 17, 2014

As Missouri's General Assembly gets underway in 2014, they should move to reform Tax Increment Financing (TIF). David Stokes suggests three reforms that the legislature should enact this session:

  1. Prohibit elected city officials from overriding county TIF commissions
  2. Focus TIF subsidies on returning property to greenfield status
  3. Prohibit TIFs from being awarded in floodplains statewide

 

 
David Stokes Explains Tax Increment Financing Print E-mail
By David Stokes   
Wednesday, November 20, 2013

In this half-hour interview with Lee Presser that first aired on Nov. 12, 2013, Show-Me Institute Policy Analyst David Stokes explains how Tax Increment Financing (TIF) works and the impact on tax policy. Stokes also reviews several notable TIF proposals.

 
$16 Million For Two Blocks? Print E-mail
By David Stokes   
Thursday, September 19, 2013

Should Missouri and St. Louis taxpayers provide more than $16.5 million in tax subsidies to move Laclede Gas two blocks from 720 Olive to the General American building on Market?

 
Show-Me Minute: Tax Credits Print E-mail
Tuesday, July 23, 2013

The Show-Me Minute is a short radio advertisement to inform listeners about the work of the Show-Me Institute in a particular policy area. In this Show-Me Minute which first aired on KWTO 560AM in Springfield, MO, we discuss tax credits.

 
The Tax Subsidy That Wasn't Print E-mail
By David Stokes   
Sunday, July 21, 2013

The tax subsidy that wasn't: Olivette demonstrated that you don't need corporate welfare for economic growth.

 
Sen. Lamping and Rep. Curtman Review the Legislative Session Print E-mail
Friday, June 07, 2013

Missouri State Senator John Lamping and State Representative Paul Curtman review the recently completed legislative session at the Show-Me Institute's June Policy Breakfast.

 
All This for 20 People? And You Paid for It! Print E-mail
By Kacie Galbraith   
Monday, April 22, 2013

It cost taxpayers $ 15 million to build the Brentwood Boulevard shopping and apartment complex near the Richmond Heights Metrolink station. Government planners thought it would encourage transit use, but has it succeeded?

 
Fumbling Away Your Money? Print E-mail
By Michael Rathbone   
Friday, March 08, 2013

Are the Rams on their way out of St. Louis? A recent decision by arbitrators could have a serious impact on whether the Rams stay or go. Show-Me Institute Policy Researcher Michael Rathbone explains what this decision means not only for the Rams, but for taxpayers as well.

 
Three Ways Bad Public Policy Hurts Missouri Print E-mail
By Patrick Ishmael and David Stokes   
Monday, February 18, 2013

In this February 2013 Show-Me Forum, Policy Analysts David Stokes and Patrick Ishmael detail some of the specific bad public policies that are hurting Missouri. Of particular focus are corporate handouts in the form of development tax incentives, governments lobbying other governments for a larger share of taxpayer money, and Enterprise Zones (plus EEZs). Like all the Show-Me Forums, this event was held in Columbia. On the following day, Stokes and Ishmael reprised this presentation for an audience in the Show-Me Institute's office in the Central West End of Saint Louis.

 
Tax Subsidies For The Wealthy Print E-mail
By David Stokes   
Wednesday, December 19, 2012

Tax Increment Financing is one of the most common forms of local government corporate welfare. Here in Saint Louis, developers are attempting to use it in one of the most vibrant and economically healthy neighborhoods. A new high-rise apartment and Whole Foods grocery would be wonderful, but it should not involve taxpayer subsidy.

 
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