Tax Incentives /tags/tax-incentives Tax Incentives en-US Copyright © 2024 Mon, 27 Jan 2025 11:00:00 GMT St. Louis poised to approve earnings tax reimbursement to keep accounting firm downtown /economy-business/2025-01-27/st-louis-earnings-tax-reimbursement-anders-downtown Legislation from Alderwoman Cara Spencer would establish a mechanism for the city to reimburse 85% of Anders’ payroll, earnings and net profit taxes on new hires at the firm. Mon, 27 Jan 2025 11:00:00 GMT /economy-business/2025-01-27/st-louis-earnings-tax-reimbursement-anders-downtown Eric Schmid St. Louis is issuing fewer tax incentives for development projects than in years past /economy-business/2024-10-01/st-louis-fewer-tax-incentives-development-projects In 2017, 66 projects were approved for tax incentives. That number dwindled to 11 in 2023. Tue, 01 Oct 2024 22:55:26 GMT /economy-business/2024-10-01/st-louis-fewer-tax-incentives-development-projects Eric Schmid Parson says Missouri will have its own plan to keep the Chiefs and Royals by end of year /government-politics-issues/2024-07-09/missouri-parson-kansas-city-chiefs-royals-plan-coming Missouri Gov. Mike Parson says he's not worried about Kansas' effort to poach the Kansas City Chiefs and Royals. But, he says Missouri will put together its own offer — if the teams make information public beforehand about their proposed stadium locations and costs. Tue, 09 Jul 2024 15:43:46 GMT /government-politics-issues/2024-07-09/missouri-parson-kansas-city-chiefs-royals-plan-coming Allison Kite Kansas Gov. Laura Kelly signs bill to poach Kansas City Chiefs, Royals from Missouri /sports/2024-06-21/kansas-governor-approves-sports-incentives-luring-kc-chiefs-royals The legislation is an expansion of one of the state’s tax incentive programs and could help finance up to 70% of the cost for one or both teams to build a new stadium in Kansas. Fri, 21 Jun 2024 19:10:26 GMT /sports/2024-06-21/kansas-governor-approves-sports-incentives-luring-kc-chiefs-royals Allison Kite Missouri lawmakers criticize Kansas' attempt to poach Kansas City Chiefs and Royals /sports/2024-06-21/missouri-lawmakers-critique-kansas-chiefs-royals-poaching-attempt Missouri House Majority Leader Jon Patterson called the Kansas legislation a "wakeup call" and anticipates lawmakers will craft a response to keep the two teams. Fri, 21 Jun 2024 10:00:00 GMT /sports/2024-06-21/missouri-lawmakers-critique-kansas-chiefs-royals-poaching-attempt Allison Kite Kansas lawmakers approve tax incentive bill to lure Chiefs, Royals away from Missouri /sports/2024-06-19/kansas-approves-tax-incentive-bill-chiefs-royals-missouri ‘Do you really want to put that type of an economic generation in the hands of the state of Missouri?’ said one Kansas House member. Wed, 19 Jun 2024 10:00:00 GMT /sports/2024-06-19/kansas-approves-tax-incentive-bill-chiefs-royals-missouri Allison Kite Kansas might use STAR bonds to entice the Chiefs and Royals. How exactly do they work? /sports/2024-06-19/kansas-star-bonds-explained-chiefs-royals-stadiums STAR bonds, or sales tax and revenue bonds, pay for tourist attractions and then use the sales taxes collected at those attractions to pay off the construction debt. Wed, 19 Jun 2024 10:00:00 GMT /sports/2024-06-19/kansas-star-bonds-explained-chiefs-royals-stadiums Blaise Mesa U.S. Rep. Jason Smith pushes bipartisan deal to expand child tax credit, business incentives /government-politics-issues/2024-01-23/u-s-rep-jason-smith-pushes-bipartisan-deal-to-expand-child-tax-credit-business-incentives The Salem Republican has taken criticism from both parties for his work on the Tax Relief for American Families and Workers Act. Tue, 23 Jan 2024 11:00:00 GMT /government-politics-issues/2024-01-23/u-s-rep-jason-smith-pushes-bipartisan-deal-to-expand-child-tax-credit-business-incentives Jason Rosenbaum Boeing's $1.8 billion St. Louis-area project faces questions on tax breaks worth millions /economy-business/2023-09-07/boeings-1-8-billion-project-faces-questions-on-tax-breaks-worth-millions One member of the St. Louis County Council called the Boeing request for a $155 million tax abatement on the company’s proposed $1.8 billion investment “tone-deaf timing.” It comes just weeks after the council voted against freezing property taxes for seniors. Thu, 07 Sep 2023 10:00:00 GMT /economy-business/2023-09-07/boeings-1-8-billion-project-faces-questions-on-tax-breaks-worth-millions Eric Schmid St. Louis’ Renegotiation Of City Foundry Tax Incentives Could Pave Way For More Equitable Growth /economy-business/2021-06-11/st-louis-renegotiation-of-city-foundry-tax-incentives-could-pave-way-for-more-equitable-growth A wave of new city leaders are hoping to change the way the city uses tax incentives to do business with developers. Fri, 11 Jun 2021 10:45:03 GMT /economy-business/2021-06-11/st-louis-renegotiation-of-city-foundry-tax-incentives-could-pave-way-for-more-equitable-growth Corinne Ruff