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And communism could work if only it were implemented correctly. But once one gets outside that ivory tower of hypotheticals, all too often it would seem those t
by mikestew 5y ago
And communism could work if only it were implemented correctly. But once one gets outside that ivory tower of hypotheticals, all too often it would seem those tax breaks still end up being a net deficit.
See also: "Revenues from hot dogs and ticket sales means the sports stadium that we've so handsomely subsidized will pay for itself in a couple of years."
- sosborn 5y agoStadiums are generally done as Public-Private Partnerships, which typically go way beyond tax breaks.
- aynyc 5y agoAlmost every stadium deals in the US has been a disaster for locals. I'm not talking about the group of folks who get displaced and have no place to go. I'm talking about local shops, businesses that aren't into venue-related businesses.