Quote:
Originally Posted by 4X4
Lol. More jobs. For the construction part? And then what? Same amount of jobs, but a nice tax bill for all property owners in Calgary.
If simply building something equals more jobs, then lets build a ladder to the moon instead.
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Okay. So what are you fine with building then? Calgary is hurting for jobs. HARD. A new arena has to be built eventually. So build it now while people could use the high paying work. Your tax money will be spent regardless. Money is deficit. It comes from debt. The economy only works when money moves quickly. There is literally no reason why providing some funding/tax breaks to build an arena is a bad idea.
As far as taxes increasing for property owners, please correct me if I'm wrong, but don't taxes increase because property value increases. Wouldn't that make investors happy.