Bipartisan End to Stadium Building Bonds? 3 supporting arguments

Economic Arguments for ending the tax benefit of stadium bonds:

  • stop financing big business of professional sports on the backs of taxpayers
  • stadium bonds are costing taxpayers $3.2 billion since 2000
  • there is $20 trillion in federal debt, stadium bond subsidies are waste that needs to be eliminated

 

Cory Booker | Booker, Lankford Introduce Bipartisan Bill to End Federal Subsidies for Sports Stadiums

ESPN | Senators aim to stop use of municipal funds to finance stadiums

Governing | Stadium Bonds on the Chopping Block