The Elephant In The Room

[Belsnickel]

(05-02-2020, 12:47 PM)oncemoreuntothejimbreech Wrote: Billionaires should pay for their own stadiums without tax payer’s money.

I agree, but I also understand the logic behind it. Primarily, a sports stadium like that brings in a large amount of economic activity that generates tax revenue and boosts businesses in the surrounding area (hotels, restaurants, bars, etc). Because of this, state and local governments are often willing to incentivize and/or subsidize the construction of these stadiums with public funds based on the idea that the benefits will outweigh the costs.