KC Leaders Push Governors To End Border War Tax Incentives

Sprint CEO Dan Hesse was one of 17 top Kansas City leaders to petition Border War tax incentives. | Photo courtesy of Creative Commons
Sprint CEO Dan Hesse was one of 17 Kansas City business leaders to sign a petition calling for an end to Border War tax incentives. | Courtesy of Creative Commons

Kansas City civic leaders have petitioned the governors of Missouri and Kansas to sign legislation and take executive action that would prohibit the use of tax incentives to lure metropolitan area companies across the border.

The 17 leaders, which include Donald J. Hall, Jr. of Hallmark, Dan Hesse of Sprint and Peter deSilva of UMB Financial Corp., stated a number of negative effects of the cross border job shuffle in their letter. The leaders list high taxpayer cost, low community benefit and unfair competition as some of the consequences of the so-called Border War. 

Gov. Jay Nixon has until July 14 to sign legislation approved overwhelmingly by the Missouri General Assembly that would prohibit the use of cross-border tax incentives. The Missouri legislation would only go into effect if Kansas Gov. Sam Brownback exercised his executive authority to cease using his state’s incentives.

Read more from the Kansas City Star

 

 


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