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[Seattle Times] 15 years after moving Sonics, now it’s the Thunder asking for publicly funded arena
(www.seattletimes.com)
this post was submitted on 20 Oct 2023
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I will never understand why public funds should pay for >50% of the funds for a privately owned sports clubs arena
This is one of the biggest taxpayer rip-offs in the country. Under the guise of the limited jobs it creates. Study after study proves what a rip-off it is. New York taxpayers are about to foot 1 billion so the Bills can keep coming up short of expectations.
Could you explain your stance a little bit more in depth? I would think building a state of the art arena that your city owns would attract more people to Oklahoma City and therefore provide great benefits to the city.
Those studies don’t account for our feelings!!!
Look at Jersey
Jersey gives 2 NFL teams massive tax breaks but neither team wants to claim Jersey as its home
Hahahahaha wait til you learn who’s not paying any or paying extremely low property taxes in your city. Hint: any big corporation that recently moved there, private high schools, colleges, golf courses, malls, etc.
Not like I don’t know companies get tax breaks. Not really news. Also doesn’t make the main example the right thing to do.
Every single time a private company engages in a compromise with the supposed government it is a poor idea for the populace. A single entity has chosen to go against the majority. So ask yourself why you ever have a private corporation.
It’s not just sports teams. Big companies do this too. They get tax breaks and cash incentives. It should just be outlawed.