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Corporate Welfare / Subsidies

‘Aerotropolis’ Tax Credit Bill Lacks Empirical Support, Fraught With Hidden Costs

By Audrey Spalding and Christine Harbin on Apr 20, 2011

Our testimony today is intended to provide an explanation of House Bill 840, the Aerotropolis Trade Incentive and Tax Credit Act, and the probable damaging effect that it would have on the Missouri economy. This legislation is fraught with hidden costs, no study has been published that quantifies its supposed benefits, and tax credits in general have been a poor strategy for economic growth in Missouri.

20110420_AS_CH_Aerotropolis_0.pdf
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About the author

Audrey Spalding

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    About the author

    Christine Harbin

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