Quote:
Originally Posted by -TC-
you are missing the bigger picture dude, it's not about how much money Katz will or won't make/spend. he's rich now he will be rich later.
it's about how much money the rest of us can make because of the growth downtown, more development means more businesses which means more money overall...tax revenue, wages, opportunity for advancement, raising the proifile of the city which drives even more investment and drags more money in.
look at how many new develpments are already proposed for downtown...the arena is driving that development.
in the end we all benefit. besides, I'd much rather go to a game or concert downtown than way out in the northeast...that area is a dump
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False
Baseless claim
Not supported by peer reviewed research
Do not repeat this myth
That goes for you too thunderball
Fact: a new arena Costa much much more than any incremental public benefits than it provides, it is not even close to net positive from the use of limited tax payer dollars