Kansas City mayor Sly James and most of city council are for a new $100 million streetcar system that will connect much of midtown to downtown. The plan calls for an early try with the first streetcar route between the River Market and Union Station.
Of course taxpayers get to pay for the, uh, experiment.
So while both presidential hopefuls go on and on about lowering our federal income taxes, the bigger load continues to fall on city and state taxes for business. These once small amounts of two and three percent have risen to 10% and more over the last couple decades. And as we add the bills up to be paid by small businesses with increased taxes, it’s created major stress in a slowed economy.
Two big questions on the streetcar system are, do we need one today and will it make our city grow? Continue reading