Quote:
Originally Posted by Lonestar
Asking this question out of curiosity because while growing up in Calgary I've never paid taxes there myself. What would be the tax impact on a single family household in an area like Citadel under the proposed deal?
I get the reluctance of common citizens to line the pockets of billionaires, but I also know there is community value to having the Flames in Calgary, we can argue about the quantitative data behind that value until we're blue in the face, but just the fact that this is a talking point on a Flames fan forum screams that the community value of the team exists. The point at which the cost exceeds the value is going to be different for everyone.
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Super quick not accurate math, there are ~ 500 000 houses in Calgary, so the average house would add $1000 in taxes to cover it. I'm sure not willing to pay that for an arena.