Multi-millionaire Rex Sinquefield, joined by aides and two professors who’ve done studies for his Show-Me Institute, stopped by the Post-Dispatch this morning to lay out some of his views to members of the paper’s Editorial Page.
Yours truly and cohort Jake Wagman also were in on the meeting.
Sinquefield laid out his views in favor of overhauling public education, especially in the failing districts in the urban areas. Among other things, Sinquefield says there needs to be more reward for successful teachers, and tax breaks for families seeking school choice.
Sinquefield also explained his case in favor of eliminating the state income tax. One of the possible alternatives, he says, is to increase the state sales tax. He also supports a land tax in the city of St. Louis, and some of his advisers are recommending a hike in the state’s property taxes (which are low, compared to many other states, although one wouldn’t know that from the activities currently underway in Jefferson City to curb property-tax growth.)
On the politics front, Sinquefield explained his commitment to donate to candidates who support his views, one way or another (big donations if allowed, or a number of PAC donations, if unlimited donations remain illegal).
The two Republican contenders for governor, state Treasurer Sarah Steelman and U.S. Rep. Kenny Hulshof, have asked for meetings with Sinquefield. He said he hasn’t met yet with either.
One thing is sure; he doesn’t plan to give any money to, or support in any way, Attorney General Jay Nixon, who has been publicly critical of Sinquefield’s generous campaign donations.
On another front, Sinquefield — a chess fanatic – soon plans to open The Chess Club & Scholastic Center of St. Louis. It’s to open in late May or early June in quarters at Euclid and Maryland in the CWE (and near Sinquefield’s St. Louis manse).
The 6,000 square foot facility will “physically be the most beautiful” chess hall in the country, he said.
Annual membership rates will be $80 for adult, $30 for children, with daily rates available, a spokeswoman said.
