Re:Evaluating State and Local Business Tax Incentives [pdf]
by JackFr on Wednesday January 08, 2020 @04:13PM
(#21995857)
> We generally don't build stadiums costing hundreds of millions so a billionaire can bring in Ballet.
I specifically pointed that out -- but I get it, you said 'billionaire' where I said 'team ownership'.
As your the other point, yes NYC built Lincoln Center to the benefit of generations. But they also put about $2.5 million annually into the New York City Ballet's operating budget. (Which is absolutely fine -- but don't kid yourself that they're self funding.)
We might build a new theatre where Ballet can be performed, but it's also used for decades for thousands of art projects.
It's not shitting on football to expect a billionaire owner to pay for their own damn stadium. It's insane corporate welfare to give them even 1 cent.