The state employee who apparently gave tax credits to non-existent businesses has been suspended while the state investigates what he did. He’s being paid while on suspension. The Department of Economic Development, the Attorney General, and a legislative committee are investigating how a dozen companies got $2-Million worth of tadx credits by claiming to have bought equipment – although they didn’t – and in most cases never really opened a business, or closed shortly after getting the tax credits. The situation came to light in a series of articles in the St. Louis Post-Dispatch stemming from the complaint of a man who said he was offered a chance to get some of the credits and could get no response from the Economic Development Department when he raised concerns.
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