Sunday, March 12, 2006
 
Director of Real Estate for Dierbergs Says Lie Back and Enjoy It
In Missouri, some retail developers have mechanisms for levying surcharges on purchases within their developments. They can then use this money for things such as keeping up their developments, leaving the rent they charge the retailers available for more important things, such as their salaries and profit.

But the state is starting to look at this practice since, you know, these transportation development districts allow for the levying of taxes without accountability. The schizophrenic St. Louis Post-Dispatch cluck clucks the practice, which is odd since the paper lauds unelected boards pushing for taxes and conferring tax breaks for airports, sports teams, and myriad other things--so long as it's not businesses who wield this ripe-for-abuse power, it's okay with the Post-Dispatch.

But we here at MfBJN applaud Jerry Ebest, director of real estate for Dierbergs grocery stores, who tells the public it should just lie back and enjoy it:
    "If you're a consumer and you live very close to anybody's store that is in your municipality, would you take time out of your schedule to drive to another city with a lower tax rate?" he asked. "My suspicion is you would not."
Thank you, Mr. Ebest, for explaining how rising tax rates lift all boats.


- posted by Brian J. @ 8:03 AM
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