DesideriScuri -> RE: Right vs tax subsidies (9/23/2013 6:07:08 AM)
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ORIGINAL: DaddySatyr quote:
ORIGINAL: DesideriScuri The Cleveland Browns are just like Bigfoot. Every once in a while, there is a sighting, but it's so random that it can't be verified. [:D] I understand what you're saying about sports teams and supporting themselves. I'm neither supporting or coming out against a local government deciding on it's incentive offering to a team. That's up to the City, and those residents, isn't it? Of course you're right about the democratic rule of law. If it weren't for the citizenry riding to the rescue in Green Bay, the NFL would have been deprived of their wonderful showing, yesterday. Seriously, though, if a city puts it to a vote and the people decide that they want to help finance a sports team, that is absolutely their decision. I think it's a pretty dumb one but in some specific cases, it may actually work out for the tax payers (but, I doubt it). There was a time, a few years ago, when the JAY! EEE! TEE! ESS! JETS!!! JETS!!! JETS!!! were wanting to build a stadium on the West Side of Manhattan. Forget the fact that the people that live in that area absolutely did not want the stadium there. The city went ahead and courted the team ... heavily. The city assumed that if they put it to a vote, they could screw the neighborhood association and "blame" the public for voting the measure in. Ooooops! Bloomberg and his cronies lost. I have rarely been more proud of the NYC voters. I have never really understood why two of the NY franchises play in NJ. I mean, for NJ, they could make a statement that even NY teams didn't want to play in NY. But, NY could play it up that neither team was willing to ID themselves with NJ. Oddly enough, the OP had as much to do with our not being deprived of GB's "wonderful showing" (they played were located in Cinci). [:D] Citizens have the ability to exert pressure on their elected officials. The elected officials have the duty to represent their constituents and to govern in a way that is for the good of the people. If it's decided that helping a sports franchise pay for a stadium will materially benefit the locale (and locals), then why shouldn't they strike that deal? At times it might seem like it's a bad deal. But, without all the info, you're not going to know. $33M payment for the stadium vs. $23.5M for HHS? Without any idea how much revenue comes in from the Reds and the Bengals, how are we to know what's right or not? What happens if it's determined that those two franchises bring in $25M/yr.? Spending $33M to get $50M (2-year budget number) isn't a bad deal, is it? What would the HHS budget be without the MLB/NFL franchises adding to the revenue coffers? Not enough information to truly weigh in on whether or not it was a good idea for Cinci.
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