Old Drum

Commentary on Warrensburg, Johnson County and Missouri issues from a Libertarian perspective. View my earlier commentary at www.olddrum.net.

Tuesday, June 26, 2012

TIF isn't what they claim

A good article by Show Me Institute about the efficacy of incentives, especially Tax Increment Financing (TIF).  I've always questioned these incentives on the basis that it's unfair to subsidize new businesses to the detriment of the existing, but the study shows that TIF (and other incentives) are seldom effective.  It's time for Warrensburg residents to speak up as the City Council reviews their economic development strategies.


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