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As a couple others have mentioned, this is a different analysis, but the answer is that generally localities that subsidize stadiums do not see a good ROI. Loc

As a couple others have mentioned, this is a different analysis, but the answer is that generally localities that subsidize stadiums do not see a good ROI. Local residents typically end up paying the bill through e.g. a slightly higher sales tax. Corollary: If you want to pay less local taxes, don't live in a city that has a major league sports team.

ceejayoz 4y ago
> Corollary: If you want to pay less local taxes, don't live in a city that has a major league sports team. Or a state. Here in NY we’re chucking hundreds of millions at the Bills. https://www.politico.com/news/2022/03/28/buffalo-bills-stadium-new-york-taxpayers-850m-00020872 https://www.politico.com/news/2022/03/28/buffalo-bills-stadi...