State and local governments are giving $1 billion a year—that's
$1,000,000,000—to privately-owned NFL teams, for tax exemptions and stadium
subsidies.
If you're a football fan, I hope you're enjoying the use of my tax
dollars (I'm saying this in a nice way).
I couldn't find any hard numbers on the giveaways for other pro sports.
There's no proof—and never has been any proof—that public subsidies of
professional sports generally have a positive payback to all the taxpayers of
the state and local governments that are handing out the cash….obviously, some of the taxpayers are enjoying the benefits. And all of the team
owners are enjoying the benefits.
Just imagine how many math teachers we could hire with a billion
dollars a year….or how many elementary and secondary teachers we could RE-HIRE
with a billion dollars a year….
Just sayin'….
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