Kansas legislators are considering a plan to entice the Kansas City Chiefs and the Kansas City Royals to build new stadiums on the Kansas side of their metropolitan area. The proposal involves authorizing state bonds to assist the Super Bowl champions and the professional baseball team in financing the construction of these new facilities. The aim is to attract significant income tax revenue from players and coaches, which is currently going to Missouri.
Professional athletes and touring entertainers are subject to income taxes not only in their home states but also in states where they perform. In Kansas, athletes are taxed based on the percentage of their income derived from games played in the state. Economists have differing opinions on the potential benefits of subsidizing stadiums for pro sports teams, with some questioning the overall cost-effectiveness for communities.
