4 ms·
Many stadiums are funded with municipal funds that come from tourism and hotel taxes.
by madh 16y ago
Many stadiums are funded with municipal funds that come from tourism and hotel taxes.
- callmeed 16y agoExactly. Here's an example: http://www.noozhawk.com/local_news/article/042110_bed_tax_update http://www.noozhawk.com/local_news/article/042110_bed_tax_up... Santa Barbara, which is a medium-sized city at best, generates over $11M a year in TOT/Bed taxes. Do you think they're just going to sit by and let people eat away at that revenue? No way. They're going to have "Richard from accounting" monitor AirBnB and other sites–and start threatening people. Maybe they'll give them an option to remove their listing or register and start paying taxes. Since no one will want to go through health and fire code inspections or worry about taxes, they'll just remove it. That's all speculation, of course. But enforcement can't be too difficult (at least, not on the RIAA level).