In one instance he's correct . . .
So far the STAR bond cash doesn't come close to what the Chiefs will need to build a new stadium.
However . . .
They have time to work out a deal.
The downside . . .
Kansas conservatives are crying foul that a special session dedicated to tax relief is now dominated by giveaways to billionaire corporations.
Read the latest blasts close and notice a few newsies lower on the food chain might be a bit confused about the difference betwixt leveraging debt on bond revenue vs. earnings taxes.
Either way . . .
Here's the Mayor's insight into the conversation . . .
KCK earnings tax idea thrown around in wake of Chiefs, Royals discussion
An earnings tax is an idea the KCK's mayor is floating as state lawmakers in Kansas consider a package to lure the Chiefs and Royals.
'Chiefs and Royals are Missouri's teams': Missouri officials respond to Kansas' moves on Chiefs, Royals
There's concern that Kansas lawmakers' effort to build new stadiums for the Chiefs and Royals could restart a border war with Missouri.
'We're open for business': KCK mayor, residents talk possible Chiefs, Royals move to Wyandotte County
The Kansas Legislature is considering a modified STAR Bond program to attract the teams at a special session next Tuesday, June 18. STAR Bonds are loans that allow developers to build attractions.
Future of Chiefs, Royals in Jackson County prompts tough questions from county legislator
People working for Jackson County Executive Frank White got grilled Monday afternoon about efforts to keep the Chiefs and Royals in the county.
'Everybody needs to calm down,' says KCMO Mayor Quinton Lucas on Chiefs, Royals possibly moving
Kansas City, Missouri, Mayor Quinton Lucas said he's continuing conversations with the Royals and Chiefs about keeping their stadiums in the city once current leases expire in 2031.
Developing . . .
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