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As Stadiums Vanish, Their Debt Lives On
- stretchwithme 16y agoI say any money borrowed should be approved of by the voters and paid down within half the useful life of the thing built. And each taxpayer should get a separate bill each year for their share. There's no justification for dragging out the payment periods forever. Its not like this borrowing is a one time thing as it is when you buy your house. And there's also no reason the taxpayer should have to subsidize sports fans or help raise the salaries of athletes, which this practice most certainly does. Its a subsidy for sports teams, which gives them more money to outbid each other for the top players.