Aldermen consider taking ax to boxing tax
By Tom Weber, KWMU
St. Louis – A group of St. Louis aldermen is trying to lure more boxing matches to the city.
They've introduced legislation that would get rid of a 5-percent amusement tax on tickets for boxing matches until 2009.
Alderman Steve Conway says it could be a way to create a buzz among promoters looking for fight locations.
"If we can create an ongoing venue for boxing matches of all types, it will be a very good investment because it will cost us nothing to have them here," Conway said.
Conway says the city wouldn't lose any money by getting rid of the tax because there are currently no boxing matches planned in the next three years.
He also says the mayor has voiced support for the idea.