Show-Me Study Featured in New Book

Corporate Welfare |
By Michael Rathbone | Read Time 1 minute

Tax subsidies for economic development were designed to go to poor areas that actually needed development. But that is not how they are used in Kansas City, Missouri. My colleague Patrick Tuohey and I showed that, in regards to Tax Increment Financing (TIF) in Kansas City, the vast majority of TIFs and other economic development subsidies went to wealthier areas such as Country Club Plaza and the Power & Light District.

resizedimage600395-sobkcfINAL

The folks of the Urban League of Greater Kansas City have included our essay in their new book, Picture of Health: 2015 State of Black Kansas City. They are having a book release party at the Kansas City Public Library-Downtown Central on February 12 at 5:30 p.m. The event promises guest speakers and authors discussing topics such as racial equality. If you’re in the area, consider going. If not, I encourage you to get a copy of the book.

About the Author

Michael Rathbone was a policy researcher at the Show-Me Institute. He is a native of Saint Louis and a 2008 graduate of Saint Louis University, where he earned a bachelor of science degree in biomedical engineering. In 2010, Michael obtained an M.B.A. from Washington University in St. Louis with concentrations in finance and health care management. At the Show-Me Institute, Michaels policy areas included the state budget, taxes, public pensions, and public subsidies. He also delivered lectures to area high school students about the Great Depression from an economic perspective. Michael lives in Fenton.

Similar Stories

Support Us

Headline to go here about the good with supporting us.

Donate
Man on Horse Charging