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Boeing has not said exactly what it would build, but the company said the project would create about 500 new jobs.
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One member of the St. Louis County Council called the Boeing request for a $155 million tax abatement on the company鈥檚 proposed $1.8 billion investment 鈥渢one-deaf timing.鈥 It comes just weeks after the council voted against freezing property taxes for seniors.
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The topic of development incentives is one that鈥檚 complex and controversial.Are incentives such as tax abatements and tax increment financing (TIFs) fair?鈥