Quote:
Originally Posted by sureLoss
Who says the Flames find the ticket tax abhorrent? Especially since it sounds like they want the city to front the money for a ticket tax.
The issue for many people here are the Flames are claiming the ticket tax as part of their contribution to building a new arena.
In terms of public funds financing an arena, it is a better option because a ticket tax means the actual users of the facility are financing the facility instead of say an increase to the property tax of everyone in Calgary.
Ticket tax is fine. The issues with it is a) who is fronting the money and b) are the Flames being disingenuous claiming it is part of their contribution.
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Is the flames owners 186 million contribution also paid for by the users? I mean a portion of every ticket will be going to pay back the owners 186 million. So isn't the entire portion of the Flames contribution as user fee? And if the city is recovering their contribution through property taxes paid for by the Flames then the entire stadium is funded through user fees.
So either the proposed stadium is 100% user funded or we can quit being absurd and recognize that taxes are opportunity costs that prevent the maximization of revenues. And the best way to describe that opportunity cost is as a Flames contribution