Incomes are lower, unemployment is higher, and we have lower property values in Saint Louis because we pay (income and sales) taxes to the State of Missouri, as tribute, that is spent out-state instead of the St. Louis region.
We have now obtained documentation showing that if Prop 7 passes Saint Louis will pay an additional Billion in taxes in tribute to the outstate Missouri.
Estimated Prop 7 Revenues in Current Dollars $5,390,000,000
St. Louis region share of state economic action 45%
45% Saint Louis Share $2,425,500,000
MoDot Share to St. Louis Region $1,488,230,000
Tribute paid by Saint Louis Region $937,270,000
Here are the supporting exhibits on which the calculation was made. HT to St. Louis Post Business Editor David Nicklaus!