View Single Post
Old 09-10-2015, 07:03 PM   #2989
SebC
tromboner
 
SebC's Avatar
 
Join Date: Mar 2006
Location: where the lattes are
Exp:
Default

Quote:
Originally Posted by The Ditch View Post
That is assuming that CSE secures their own private loan for the money that will be repaid through the ticket tax, because I can guarantee you they want the city to front them that money, how is that not a subsidy?
Supposing the city provides subsidized interest - the value of the subsidy is still not the value of the ticket tax - which is how it's being presented.
SebC is offline