Reply #22: A shortsighted view in my opinion... [View All]

[SaveElmer]

A thriving business community is essential for localities to thrive. This sometimes requires the help of government. By building the stadium (btw it is not strictly corporate welfare as the County would actually own the facility), Hennepin County stands to take in significantly more than is provided. The additional tax revenue which flows from this can then be used (if the politicians find the will), to provide the services that are needed. The problem is not that this tax will drain money from other priorities, it is that politicians will not spend that additional money wisely.

Governments provide incentive for all kinds of business activity. How many cities have a government provided convention center. Tax breaks are given to large corporations to move their operations into localities all the time. All of these, if handle properly are of financial benefit to the city. Major league sports are a part of this. A $.03 tax on every $20 in one county seems eminently reasonable and a good investment