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Metropolitan DC Local Politics
Reply to "New Commanders Stadium at Poplar Point (Ward 8)?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Here is an idea: The billionaires only get a new stadium if they split all the profits 50-50 with DC. Oh, suddenly not interested in a taxpayer handout anymore? Thought so.[/quote] The current stadium was 100% financed by the former owner. I don’t think the current crop necessarily needs handouts.[/quote] There’s almost always at least a tax break on use of the land, not to mention all the roads and other municipal support required to handle an influx of 50k people a few times a year. I have to think direct subsidies are a no go here… but these are subsidies too and easier to slip under the radar. [/quote] +1. Dozens of acres of free land, free new roads, free new infrastructure, hundreds of millions in interest-free loans. That's easily a billion in hidden corporate welfare right there.[/quote]
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