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Industrial Bonds Cost Billions in Lost Taxes | Topeka News
Industrial revenue bonds are booming—doubling in number and ballooning in value over 14 years, costing states a projected $1.1 billion in lost property taxes. While touted as economic engines to lure business, critics question their real impact, especially on schools, and point to wildly inaccurate cost-benefit analyses—sometimes off by over 6,000%. Worse, some counties haven’t even submitted required studies for decades, raising alarms that the whole process may be more theater than rigor. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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