‘Aerotropolis’ Tax Credit Bill Lacks Empirical Support, Fraught With Hidden Costs

Corporate Welfare | April 20, 2011

By Audrey Spalding | Read Time 1 minute minutes

Our testimony today is intended to provide an explanation of House Bill 840, the Aerotropolis Trade Incentive and Tax Credit Act, and the probable damaging effect that it would have on the Missouri economy. This legislation is fraught with hidden costs, no study has been published that quantifies its supposed benefits, and tax credits in general have been a poor strategy for economic growth in Missouri.

About the Author

Audrey Spalding

Audrey Spalding Audrey Spalding graduated in 2009 from the University of MissouriColumbia with dual degrees in journalism and economics. She became fascinated with local government issues while working as an education reporter at the Columbia Missourian, and realized the importance of holding elected officials accountable. Her coverage of the Columbia Public School District's tax levy increase election won a Hearst Journalism Award. Before joining the Show-Me Institute, Audrey worked for the institute as a research intern for a year, and during that time filed more than 500 requests for public information. She is originally from Michigan.

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Co-Authors

Christine Harbin