Quote:
Originally Posted by Enoch Root
You mean the tax revenues being discussed in the article?
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Where was that money created? New people just spring up in a city because there's an arena district now?
No. It's tax revenue cannibalised from another part of the city because a new arena doesn't create more wealth for the citizens, thus no extra money, thus no actual new tax revenue. Just revenue in a different place.
Arenas make money for one group, the owners. Not the people in the city spending.