Article: Don't Give Public Funds to the Washington Redskins

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Banake
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Article: Don't Give Public Funds to the Washington Redskins

Post by Banake » Mon Aug 15, 2016 3:17 pm

Don't Give Public Funds to the Washington Redskins
The NFL team should not receive taxpayer support.

A. Barton Hinkle | August 15, 2016

Virginia Gov. Terry McAuliffe recently said he was in "very serious negotiations" with the Washington Redskins about building a stadium in Virginia. In plain English, the literal translation of that statement is: "Hide your wallet."

When it comes to taking money from the poor and giving it to the rich, McAuliffe is like his predecessors, only more so. Since 2010 Virginia has ladled out nearly $700 million worth of economic incentives trying to lure businesses to the commonwealth. Such handouts have nearly tripled in the past decade. In his first year alone McAuliffe handed out more than $68 million—then went to the General Assembly and asked for more.

Those efforts have not always gone well. In one instance, the commonwealth shelled out $1.4 million to help a Chinese subsidiary ramp up operations in Appomattox. The project—which McAuliffe had lauded as "transformational"—turned out to be vaporware, and 300-plus jobs that had been promised never materialized.

In another instance, the state paid Norfolk Southern $2 million to shift jobs from Roanoke to Norfolk, in defiance of a state law prohibiting the use of incentives for relocation projects.

http://reason.com/archives/2016/08/15/d ... washington

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Ray
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Re: Article: Don't Give Public Funds to the Washington Redskins

Post by Ray » Sat Sep 03, 2016 9:17 am

Taking money away from the people (taxes) to pay for a stadium that most people do not want is WRONG!
Image

I Hope We Lose!

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Banake
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Re: Article: Don't Give Public Funds to the Washington Redskins

Post by Banake » Fri Nov 04, 2016 11:26 am

Ray wrote:Taking money away from the people (taxes) to pay for a stadium that most people do not want is WRONG!
It's socialism. ^^

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