Why do taxpayers pay billions for football stadiums?
Cities want football teams. Owners want stadiums.Watch how NFL rule changes made linemen gigantic: http://bit.ly/2BSOf5nSubscribe to our channel! http://goo....
Micron Gets $6.2 Billion Chips Award to Spur Plant Expansion
The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing, allowing funds to start flowing to factories in Idaho and New York.
EDITORIAL: Gov. Whitmer's EV Fail: $1 Billion Later, Only 200 Jobs Materialize
Michigan has plunged headlong into the electric vehicle (EV) and battery industry with all the grace of a bull in a china shop, spending a cool $1 billion
Why Are Taxpayers Paying For Stadiums? - Long Story Short | The Daily Show
"The Yankees pledged to donate $40 million to the affected areas, but the immediate community has barely seen a dime from the team. And more importantly, the...
“Most of the stadium public finance research, including mine, has focused on construction subsidies, but this is a good reminder that they are only part of the welfare programs for billionaires lavished on sports team owners.”
Top 10 biggest federal subsidies for pro stadiums (Hint: the Yankees are #1)
In a new paper from Economic Studies at Brookings, researchers find that federal taxpayers have footed a $3.2 billion bill to fund private sports stadiums since 2000 alone.
Episode 264: Should Cities Invest in Sports Stadiums?
Politicians often argue the benefits of raising taxes to pay for sports stadiums, citing all the economic benefits that accrue from attracting major sports teams. But if there were significant economic benefits, wouldn’t private investors have an incentive to pay for the stadiums on their own? Why do we need tax revenues to fund them? This week, economist Lauren Heller joins us to talk about the economics of sport stadiums.
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Quick Hits
https://russiandefpolicy.com/2021/12/27/russian-military-pay-still-lags/
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https://www.wsj.com/articles/self-driving-trucks-start-to-propel-land-rush-near-major-cities-11646053200
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https://www.berry.edu/academics/fs/lheller
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Billionaires have found one more way to fleece the public: sports stadiums.
And if we don’t play ball, they’ll take our favorite teams away.
This kind of billionaire hardball is why State Farm Stadium, home of this year's Super Bowl, was built in the first place.
Local governments routinely subsidize sports stadiums and arenas using the justification that hosting professional franchises produces economic development and
So, Your City Wants to Build a Sports Stadium? - Global Sport Matters
Here's what anyone debating public financing for a sports stadium needs to know to combat half truths and exaggerations.
University of Chicago economist Allen Sanderson once said that "if you want to inject money into the local economy, it would be better to drop it from a helicopter than invest it in a new ballpark."
Nevada lawmakers consider public financing for Athletics stadium
Whether or not to fork over the money has divided various groups in Nevada, which relies on tourism and entertainment for a disproportionate share of its economy.