4 ms·
Yes it's misleading. However, the point is that before now these giveaways weren't calculated. In many cases, this has lead to governments giving away more in t
by twunde 8y ago
Yes it's misleading. However, the point is that before now these giveaways weren't calculated. In many cases, this has lead to governments giving away more in tax benefits than they receive. The classic example are sorts stadiums. For example take a look at the Atlanta Braves new stadium, which cost Cobb County 400 million https://www.google.com/amp/s/reason.com/blog/2017/04/15/atlanta-braves-new-stadium-is-a-disaster/amp https://www.google.com/amp/s/reason.com/blog/2017/04/15/atla...
While that example is extreme, I'd guess that many of these deals aren't with doing if you do the financial modeling out.