Blog Catalog

Thursday, September 15, 2011

AMC's offices: more corporate blackmail

Right, so here we go again, some more. AMC Theaters is moving its offices, as we know now, to Leawood. Yeehaw. And who can blame them? Kansas offered them in the range of 40 million dollars to bring their jobs over the state line. This wasn't so much blackmail, as nearly as I can tell, as it was Kansas throwing money at a company. They're broke, Kansas is, as most states are, and slashing school budgets and all kinds of agencies but they came up with $40 million for this. I ask again, when are we going to stop playing suckers to corporations so they can milk us for tax breaks? Apparently never. We're just not very bright. The Kauffman Center for the Performing Arts is just this weekend, opening, of course, and AMC is moving out soon. I'm sure AMC tried to keep the offices downtown, as they said and I understand it's got to be tough, at least, to turn away $40 million in tax incentives but as I've said before, we have to stop letting these companies keep exploiting us, just so they can get ever-better tax deals. We'll keep shifting companies back and forth across the state line and then around the various cities in the area. It's stupid. Link to original post: http://www.bizjournals.com/kansascity/news/2011/09/14/amc-entertainment-will-move-hq-to-ks.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_kansascity+%28Kansas+City+Business+Journal%29

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