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BobUp

(347 posts)
11. Not Minny
Fri Dec 27, 2013, 04:41 PM
Dec 2013

but close to you, wisconSIN.

here's the story in part;

http://urbanmilwaukee.com/2012/07/27/murphy%E2%80%99s-law-the-eternal-stadium-tax/

In 1995, the state legislature passed a law creating a new five-county sales tax to underwrite a new stadium for the Milwaukee Brewers. At the time, the tax was expected to sunset in 14 years, in 2010. Yep, that was two years ago, and the sales tax just keeps getting collected, and its sunset date moved back.

The tax has operated as something of slush fund that can be grabbed to pay for everything from a new scoreboard for the Brewers, installed in 2011, to $1.6 million worth of PR help for the public stadium authority. A year ago, Tim Sheehy, head of Metropolitan Milwaukee Association of Commerce, floated the idea of extending the tax to pay for new NBA arena, which could cost as much as $500 million.


idiots

Recommendations

0 members have recommended this reply (displayed in chronological order):

Bread and Circuses? NYC_SKP Dec 2013 #1
Because a half billion dollar stadium creates a half billion jobs. jsr Dec 2013 #2
Because the Billionaire pizza company owner wanted one. nt MrScorpio Dec 2013 #3
how any detroiter can step foot into that stadium is beyond me and anyone who does should be shamed leftyohiolib Dec 2013 #4
Those No Billionaire Left Behind policies are working like a charm. Egalitarian Thug Dec 2013 #5
Why is there over a half billion dollar stadium deal being approved in a bankrupt city? BobUp Dec 2013 #6
Are you in Minnesota? Vashta Nerada Dec 2013 #7
Not Minny BobUp Dec 2013 #11
Because it makes economic sense to do so. Crepuscular Dec 2013 #8
Check with Atlanta jehop61 Dec 2013 #12
We don't really need to look at Atlanta Crepuscular Dec 2013 #13
Because this sort of thing has been going on SheilaT Dec 2013 #9
Not to worry, Washington doesn't win enough. broiles Dec 2013 #17
I would not be reflexively against the idea. Of course individual projects like this have to be Douglas Carpenter Dec 2013 #10
The bonds are being issued by a state agency and no new Detroit tax money will be used. badtoworse Dec 2013 #14
So the whole state will be paying taxes to support the stadium then? RC Dec 2013 #15
They're revenue bonds. They'll be repaid out stadium revenues. badtoworse Dec 2013 #18
How much is the owner or the NHL paying for it? davidn3600 Dec 2013 #16
If the city can't afford to pay workers Aerows Dec 2013 #19
Latest Discussions»General Discussion»Detroit: Why is there ove...»Reply #11