Breitbart. New Rangers Stadium Up to 80% Taxpayer Funded. 3 Reasons Why.
How does the proposed 50-50 stadium in Arlington for the Rangers become a 80% taxpayer funded stadium?
- The 50-50 agreement includes tax increases
- An ‘admissions and parking tax’ of up to:
- 10% percent surcharge on event tickets
- $3 additional surcharge on parking
- The Rangers can use their portion of the admissions and parking tax revenue to offset their construction costs, reducing their 50%
Breitbart | Analysis Shows Texas Taxpayers May Be Stuck with 80 Percent of Costs for New Rangers Park