On April 17, Show-Me Institute Director of Municipal Policy David Stokes submits testimony to the Osage Beach Tax Increment Financing Commission regarding a proposal to award taxpayer subsidies for the…
Tax Increment Financing (TIF) is Missouri’s bad idea that keeps coming back and refuses to die. Despite TIF’s documented failures, cities throughout Missouri are expanding their use of it greatly….
…incentives that have been given to select businesses. Perry County and Perryville have each engaged in harmful tax subsidies like tax-increment financing. Reducing the surcharge rate for all businesses while…
On July 20, 2016, Show-Me Institute Policy Researcher Michael Highsmith testified before the Tax Increment Financing Commission of Saint Louis County. For the full testimony text, please click on the…
…due to economic downturn or widespread poverty, entire regions are overlooked by private developers. As a result, governments have adopted a type of tax subsidy known as Tax Increment Financing…
Tax Increment Financing (TIF) has become a common economic development tool throughout the United States. TIF takes the new taxes that a development generates and directs a portion of them…
…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….
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: Prohibit…
…city. ) However, even by Saint Louis’ generous TIF standards, $8 million in Tax Increment Financing to help a company move two blocks is eye-opening. Read the full testimony: 180228093-The-Use-Of-Tax-Increment-Financing-In-The-City-Of-Saint-Louis-Downtown_0.pdf…