Comments on: Turning off the spigot? http://blogkc.com/archives/2005/05/593/ A Weblog for Kansas City, Missouri. Thu, 29 Jul 2010 02:19:11 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://blogkc.com/archives/2005/05/593/comment-page-1/#comment-191122 John Fri, 14 Mar 2008 18:12:46 +0000 http://blogkc.com/archives/2005/05/593/#comment-191122 List Your FSBO on Colorado MLS and save $1000s in broker commissions. Info at http://www.denvercoloradorealestate.us List Your FSBO on Colorado MLS and save $1000s in broker commissions. Info at http://www.denvercoloradorealestate.us

]]> By: BlogKC http://blogkc.com/archives/2005/05/593/comment-page-1/#comment-19390 BlogKC Tue, 07 Jun 2005 21:39:41 +0000 http://blogkc.com/archives/2005/05/593/#comment-19390 The earnings tax is levied on anyone who works OR lives in the city. You still pay the tax if you live in the city and work in the suburbs. It's not that big of a deal. It's only 1%. If it is really a disincentive to living in the city, why is KCMO building more new houses than Overland Park, Olathe, and Lee's Summit combined? The Clay County part of KCMO is the fastest growing area in the region, outranking even Johnson County. The people flocking there don't seem to mind the earnings tax. The earnings tax is levied on anyone who works OR lives in the city. You still pay the tax if you live in the city and work in the suburbs.

It’s not that big of a deal. It’s only 1%. If it is really a disincentive to living in the city, why is KCMO building more new houses than Overland Park, Olathe, and Lee’s Summit combined? The Clay County part of KCMO is the fastest growing area in the region, outranking even Johnson County. The people flocking there don’t seem to mind the earnings tax.

]]> By: michael http://blogkc.com/archives/2005/05/593/comment-page-1/#comment-19388 michael Tue, 07 Jun 2005 17:41:20 +0000 http://blogkc.com/archives/2005/05/593/#comment-19388 Well then, I guess you just made a case for eleminating the the earnings tax if that will stop suburban flight. Actually, to be factual, KCMO charges people who work in the city an earnings tax... not residents. Further, you would have to be earning some serious money for the earnings tax to match the money that is abated on the real estate. Further, none of the earnings tax supports education where as the abated taxes cost school districts. Well then, I guess you just made a case for eleminating the the earnings tax if that will stop suburban flight.

Actually, to be factual, KCMO charges people who work in the city an earnings tax… not residents. Further, you would have to be earning some serious money for the earnings tax to match the money that is abated on the real estate. Further, none of the earnings tax supports education where as the abated taxes cost school districts.

]]> By: Bill http://blogkc.com/archives/2005/05/593/comment-page-1/#comment-19379 Bill Sun, 05 Jun 2005 04:11:57 +0000 http://blogkc.com/archives/2005/05/593/#comment-19379 One important fact David Martin overlooked in his article is the fact that unlike any other city in the region, KCMO charges residents an earnings tax. This creates a financial incentive for people to move to the suburbs. A counter-incentive is needed to lure them back, and that's the function that the property tax abatement serves. One important fact David Martin overlooked in his article is the fact that unlike any other city in the region, KCMO charges residents an earnings tax. This creates a financial incentive for people to move to the suburbs. A counter-incentive is needed to lure them back, and that’s the function that the property tax abatement serves.

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