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.
‘Aerotropolis’ Tax Credit Bill Lacks Empirical Support, Fraught With Hidden Costs
Corporate Welfare
|
About the Author
Audrey Spalding
Audrey Spalding
Audrey Spalding graduated in 2009 from the University of MissouriColumbia with dual degrees in journalism and economics. She became fascinated with local government issues while working as an education reporter at the Columbia Missourian, and realized the importance of holding...
About the Author
Christine Harbin
Christine Harbin
Christine Harbin, a native of Wisconsin, joined the Show-Me Institute as a research analyst in July 2009. She worked as a policy analyst at the Show-Me Institute until her departure in early 2011. She holds undergraduate degrees in economics, mathematics, and French from the...