As Covid-19 Closes Stadiums, Municipalities Struggle With Billions in Debt

[MrTop]

Pandemic crushes tourism and turns sports venues into a strain on local budgets. Two decades of using borrowed money to pay for new stadiums is coming back to haunt many cities across the country.

 

[Heisenberg]

Pandemic crushes tourism and turns sports venues into a strain on local budgets. Two decades of using borrowed money to pay for new stadiums is coming back to haunt many cities across the country.

Maybe this will be a wake up call for owners playing hostage tactics with tax payers

Jerry Jones gets a bad rap but not enough credit for paying for his own stadium

 

[MrTop]

Maybe this will be a wake up call for owners playing hostage tactics with tax payers

Jerry Jones gets a bad rap but not enough credit for paying for his own stadium

paid for the stadium but not enough.. Who paid for the roads to the stadium? and to fix them in the future? There should be a luxury tax in the USA.. if you buy a yacht it is now double... or triple to pay for education. Have the college pay fed taxes too.

 

[Heisenberg]

paid for the stadium but not enough.. Who paid for the roads to the stadium? and to fix them in the future? There should be a luxury tax in the USA.. if you buy a yacht it is now double... or triple to pay for education. Have the college pay fed taxes too.

Absolutely-the biggest opponents of welfare and socialism are also the biggest proponents of corporate welfare/socialism and most are unable to identify the hypocrisy