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re: Sports Teams Tax Subsidies

Posted on 9/10/20 at 8:15 am to
Posted by Barstools
Atlanta
Member since Jan 2016
9479 posts
Posted on 9/10/20 at 8:15 am to
quote:

why are taxpayers still footing the bill for their stadiums and direct payments


I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.

Pretty high level stuff, here.
Posted by White Bear
Yonnygo
Member since Jul 2014
14071 posts
Posted on 9/10/20 at 8:17 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.
The proponents, fans ect. ALWAYS spout this bullshite but numbers are never presented to back up the claim. You got numbers?

La politicians used the same "logic" with the La. film tax credit deal, even after it was proven a net cost to tax payers.

Folks complain constantly about WIC and EBT, etc. while the Bensons rake in millions from LA taxpayers - the wealthiest woman in the state.
This post was edited on 9/10/20 at 8:21 am
Posted by Mo Jeaux
Member since Aug 2008
59144 posts
Posted on 9/10/20 at 8:18 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.


Nope.
Posted by JawjaTigah
Bizarro World
Member since Sep 2003
22507 posts
Posted on 9/10/20 at 8:50 am to
quote:

the economic benefits used to be way more than the cost.
With declining interest in SJW/ProgLeft pro and college sports, maybe “used to be” is the more correct response?
Posted by the808bass
The Lou
Member since Oct 2012
111648 posts
Posted on 9/10/20 at 9:15 am to
LINK

It’s not clear that the benefits of public subsidies of stadiums are as good as advertised.
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/10/20 at 9:42 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.


I don't think this actually true. I think that billionaires tend to get their way on this because billionaires tend to get their way on everything.
Posted by Mulat
Avalon Bch, FL
Member since Sep 2010
17517 posts
Posted on 9/10/20 at 10:09 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.



They are not Too Big to Fail
Posted by WWII Collector
Member since Oct 2018
7075 posts
Posted on 9/10/20 at 10:33 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.


When you have people upset about all this and not going to games, eating at restaurants, staying in hotels, buy souvenirs.

This mess is effecting innocent people that aren't even involved.. and may or may not agree with Police Brutality.

It usually costs me 2 or 3K to come down to a game and I try to make two a year... Plus I bring friends.

No more.. so that's 6K from one person not going into the Louisiana Economy.
Posted by theGarnetWay
Washington, D.C.
Member since Mar 2010
25888 posts
Posted on 9/10/20 at 10:42 am to
quote:



I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.



I don't know how I feel about it. There are studies that come down on both sides. I do know for a fact that when Nats Park was built it turned a more seedy part of town into an area with nice apartments with several high profile defense contractors putting offices in the area (I think it's BAE and/or Lockheed but I can't recall.)

In fact, Nats Park did such a job in turning the neighborhood around that it is now accused of playing a significant role in the gentrification of the neighborhood it's in and in the city in general.

(This is an Undefeated article, don't click if you don't want LINK)
This post was edited on 9/10/20 at 1:18 pm
Posted by idlewatcher
County Jail
Member since Jan 2012
79386 posts
Posted on 9/10/20 at 11:04 am to
quote:

I'm gonna get pretty far out here on a limb and say because the economic benefits are way more than the cost.


What economic benefits when there aren't butts in the stands?
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