Tax Abatement

Boeing has not said exactly what it would build, but the company said the project would create about 500 new jobs.

One member of the St. Louis County Council called the Boeing request for a $155 million tax abatement on the company’s proposed $1.8 billion investment “tone-deaf timing.” It comes just weeks after the council voted against freezing property taxes for seniors.

The topic of development incentives is one that’s complex and controversial.Are incentives such as tax abatements and tax increment financing (TIFs) fair?…