Showing posts with label baseball stadium. Show all posts
Showing posts with label baseball stadium. Show all posts

Sunday, March 8, 2015

Public tax subsidy of Sports stadiums does not pay off...

Cities across the country continue to struggle with this same issue; and yet the research continues to affirm the same result, city after city. The following piece is about a proposal for Providence, Rhode Island.

"Research performed by economists has shown no consistent, positive impact on jobs, income or tax revenues arising from stadiums or sports franchises."
— Steven Frias on Tuesday, February 24th, 2015 in a newspaper commentary

http://www.politifact.com/rhode-island/statements/2015/mar/07/steven-frias/ri-gop-official-steven-frias-says-research-finds-n/