It was a unanimous vote that saw the Missouri Development Finance Board approve the Kansas City Chiefs’ request for $25-million in tax credits. But at least one member of the General Assembly thinks it’s a bad decision.
Senator Wes Shoemyer (D-Clarence), who showed up at the Board meeting to observe the proceedings, took advantage of an opportunity to voice his opposition. Shoemyer says that while granting the tax credits to the Chiefs might turn out to be a good economic deal, it raises the ire of many people who will see this as another government giveaway.
He compares it to the the bailouts we’re seeing in Washington, adding it is wrong to hand out incentives of this kind during tough economic times.