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Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 9:14 am
by KCMax
Legislators Try to Block Stadium Tax Credits

KANSAS CITY, MO (2006-06-28) Two rural Missouri legislators are trying to head off the $50 million in state tax credits designed to subsidize stadium improvements at Kauffman and Arrowhead. Senator Frank Barnitz and Representative Wes Shoemeyer accuse Governor Blunt and his faithful circumventing the legislature, sending the plan direct to the Missouri Development Finance Board.

Senator Barnitz:
The voters have said time and time again through the legislature that they did not sports stadiums receiving financial aid.

Governor's spokesman Spence Jackson says it wasn't a Blunt conspiracy and the two Democrats are off base.

Jackson:
He supports it but it isn't something that he put forward or tried to circumvent the legislature in any way. it's unfortunate that Senator Barnitz and Representative Shoemeyer seem to be on the side of having the Royals play in Overland Park and having the Chiefs play in Los Angeles or someplace.

Barnitz and Shoemeyer are urging voters who object to the tax abatement to phone or e-mail Lt. Governor Peter Kinder, who is on the decision-making board. Jackson says the calls won't make any difference because the tax break is a good investment for Missouri.

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 9:38 am
by AllThingsKC
KCMax wrote: Senator Frank Barnitz and Representative Wes Shoemeyer
Where are these people from?  St. Louis?  :?

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 9:49 am
by KCMax
Two rural Missouri legislators

Barnitz is from Lake Spring. Shoemeyer is from Clarence. 

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 9:53 am
by AllThingsKC
KCMax wrote: Barnitz is from Lake Spring. Shoemeyer is from Clarence. 
Both of those cities are on the EAST SIDE OF THE STATE.  :-k

In any event, I think they are probably fighting a losing battle.  :|

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 12:58 pm
by GRID
KC should stop subsidizing the rural areas, just for one month, everything spent in the rural area, must have to of originated from the tax base of those rural areas.

That would shut them up.

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Wed Jun 28, 2006 1:03 pm
by dangerboy
If the KC and STL delegations got along better they could easily join forces for a better urban agenda in the Capitol.  Add Springfield for an even bigger majority, as that city is rapidly growing and needing more urban services.

Stadium tax credits get OK

Posted: Fri Jun 30, 2006 8:26 am
by AllThingsKC
Looks like the case is closed.

STATE’S PART IN PLAN | Missouri board approves $50 million for renovations

Stadium tax credits get OK

Some rural lawmakers are unhappy with plan, saying the state could use money more wisely.


By TIM HOOVER
The Star’s Jefferson City correspondent


JEFFERSON CITY — State officials on Thursday approved $50 million in tax credits for the Kansas City Chiefs and Royals to help fund renovations at Arrowhead and Kauffman stadiums.

The unanimous vote by the Missouri Development Finance Board represents the state’s part of the plan to renovate the stadiums and allows the $575 million project to move forward. Nonetheless, a state lawmaker and an economist spoke against giving the tax credits to the teams, while board members leaned on the Royals to give out more free tickets.

Jackson County Executive Katheryn Shields told board members that Jackson County voters were told “there was a commitment from the state of Missouri to see these teams remain in the state.â€

hmmm - let me interject

Posted: Tue Aug 08, 2006 9:58 pm
by Maitre D
[quote]The harshest words came from Tom Kruckemeyer, chief economist for the Missouri Budget Project and a former chief economist for the state. Kruckemeyer pointed out that the Chiefs are third in the NFL for home game attendance and average $26 million in pretax profits.

“I think we’d all be hard-pressed to find a business that less needs a public subsidy,â€

Re: hmmm - let me interject

Posted: Tue Aug 08, 2006 10:26 pm
by kcdcchef
pittsburghparoyal wrote:

And their owner is worth $500M, while employing slave labor in the Far East.  Nice to know average, working citizens are subsidizing this man.
not sure why i am getting sucked into it again with the board bigot, however, glass no longer has ANYTHING to do with wal mart. he stepped down.

research your posts.

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Tue Aug 08, 2006 10:31 pm
by Tosspot
Did Glass divest all his shares? that's a key point.

puh leeze

Posted: Tue Aug 08, 2006 10:42 pm
by Maitre D
Tosspot wrote: Did Glass divest all his shares? that's a key point.
Ignore everthing Cook ever says.  You know the rule.  Not only does Glass still hold a huge chunk worth 30M+ of Wal-Mart stock (that we know of - this is only direct holdings reported to the SEC)

http://biz.yahoo.com/t/09/431.html

....he also serves in a major role on the company's Board of Directors:

http://www.walmartfacts.com/content/default.aspx?id=6

Re: Last ditch effort by two MO Lawmakers to block renovation tax credits

Posted: Thu Aug 10, 2006 9:56 am
by 49r
...aaaand it's kinda where all his money came from...

Re: hmmm - let me interject

Posted: Tue Aug 15, 2006 10:07 pm
by Maitre D
kcdcchef wrote: not sure why i am getting sucked into it again with the board bigot, however, glass no longer has ANYTHING to do with wal mart. he stepped down.

research your posts.
I removed this. If chef'd wanted that comment posted on the board for everyone to see, he'd have done so. Private messages are supposed to be just that: private.
    -b