More public money dumped into stadiums … why?

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So Gov. Nathan Deal has apparently decided that the new Braves stadium being constructed in Cobb County is in need of tens of millions of dollars in additional taxpayer “incentives.”

That would be on top of some $300 million in public taxpayer money already being spent on the project, and still more may be coming once Cobb officials announce how they plan to pay for an expensive and as yet unfinanced pedestrian bridge across I-285. Somehow, I expect, a good chunk of that project will be covered by taxpayers as well.

You may ask:

Why does the state of Georgia need to provide “incentives” to a project that was already happening and in fact is underway? It’s not as if the project wouldn’t have happened without the handout. What plausible public good is advanced by taking tens of millions of dollars that would otherwise go to Georgia schools, roads, colleges and other needs, and instead divert it into the coffers of Liberty Media, a multi-billion-dollar corporation?

“None” would be my answer.

It’s not that they need the money. Just last month, Liberty officials were bragging about what a profitable deal they made in purchasing the Braves franchise, which thanks to the stadium deal and other factors is probably worth more than twice what Liberty purchased it for back in 2007. And Liberty’s chairman and largest stockholder, John Malone, has a net worth of more than $8 billion.

Call it an educated guess, but I suspect this subsidy has been in the works for a long time, but is only now being made public. When the Braves’ move was first announced, Deal promised repeatedly that the deal involved no state financing or subsidies and described his own role as merely that of an “interested observer.”  At the time, that stance served to minimize outrage at taxpayer investment in the project and also allowed Deal and the state to stay out of the conflict between Cobb County and the City of Atlanta.

The details of how the subsidy works are pretty interesting as well:

Under the terms of the “Tourism Development Act,” the Braves will collect state sales taxes in its Cobb development just as every other business does, as if those taxes were going to the state government. Every hat, beer, meal, ticket, etc., will be taxed.

However, instead of going to the state, the state share of the sales tax will be funneled back to Liberty Media through a tax credit. In effect, visitors will be paying sales taxes to a private entity. That arrangement will continue for 10 years. Over a decade, the law allows up to 25 percent of the cost of the project to be financed with diverted state sales taxes.

In addition, the subsidy is not supposed to be used to finance projects that would compete with existing tourist facilities, such as Turner Field.

And yes, all of this criticism of taxpayer financing of the Braves stadium also applies to the considerable taxpayer contribution being used to build a new stadium for the Atlanta Falcons of the National Football League, the most prosperous sports league on the planet. There is no reason for taxpayers to be held hostage and forced to finance such stadiums, especially since every study conducted on the question in recent years has found that the public investment is never justified in terms of jobs or additional public revenue.

 

 

 

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577 comments
JamVet
JamVet

So Gov. Nathan Deal has apparently decided that the new Braves stadium being constructed in Cobb County is in need of tens of millions of dollars in additional taxpayer “incentives.”

That would be on top of some $300 million in public taxpayer money already being spent on the project, and still more may be coming once Cobb officials announce how they plan to pay for an expensive and as yet unfinanced pedestrian bridge across I-285. Somehow, I expect, a good chunk of that project will be covered by taxpayers as well.


LOL at you willfully, dumb hayseeds in the Georgia GOP!

Fiscsl conservatism, huh, frauds?

Sure, as long as it is with taxpayer money.

No wonder Georgia is in the bottom 10% of the states in education...

vespajet
vespajet

@JamVet He wouldn't step in and help keep the Thrashers in Atlanta, saying it was a private business matter (similar excuse Mayor Reed used as well), but is bending over backwards for the Falcons and now the Braves.  

JamVet
JamVet

@vespajet @JamVet 

vespa, just got back from San Francisco and the difference between it and Atlanta is OBVIOUS. Construction cranes all over the city by the bay and the city is as vibrant as ever!

The fascists and ultra-segregationists that now run Georgia are stumbling and bumbling headlong into turning Atlanta into one of America's second (or third) rate cities...





Philo_Farnsworth
Philo_Farnsworth

Used to live out there. Wouldn't do it again.

Please don't come back.

Thanks.

moonbat_betty
moonbat_betty

@JamVet @vespajet

Jam, you do know the prosperous city of San Fran has a huge number of homeless drug addicts on the streets?

Tuna Meowt
Tuna Meowt

@JamVet @vespajet "Construction cranes all over the city"


I hear that's the official city bird of SFO -- the Construction Crane.


JamVet
JamVet

@moonbat_betty @JamVet @vespajet 

And in Atlanta, the fascists pretend there aren't any.

Poverty, homelessness, violence and mental illness?
These are not allowed in Republican states...

Tuna Meowt
Tuna Meowt

@vespajet @JamVet If sports franchises were such an all-fired great bidness, then why does it require fat tax concessions and sweetheart deals for teams to set up shop?


How about we tie annual tax concessions to the team's record?  You lose, you pay taxes.  You win, you get more butts in the stadium seats AND you pay less tax.


JamVet
JamVet

@moonbat_betty @JamVet @vespajet 

I hung out with the crowd I chose.

Maybe you hung out in the suburbs too long and are fooled by all of those nice little houses.

(And even there, there is rampant drug abuse by nice little white boys and girls in nice little GOP families.)


FIGMO2
FIGMO2

@JamVet

The difference? They hose down the homeless in Frisco.

PJ25
PJ25

@JamVet Georgia, like all the other bottom 10% states GA has a large African American population.  Look at the top 10% in education, they are lilly white. This is the same reason the lily white states have low unemployment.  Look at the graduation rates of African Americans here in GA as well.

td1234
td1234

Well at least we can say there is ONE progressive in the country that has the guts to admit when he/she was dead wrong. Will DDR, Jackie, VC and other progressives NOW admit they were grubered as well? 


"What DOJ found made me ill. Wilson knew about the theft of the cigarillos from the convenience store and had a description of the suspects. Brown fought with the officer and tried to take his gun. And the popular hands-up storyline, which isn’t corroborated by ballistic and DNA evidence and multiple witness statements, was perpetuated by Witness 101. In fact, just about everything said to the media by Witness 101, whom we all know as Dorian Johnson, the friend with Brown that day, was not supported by the evidence and other witness statements.

Fight in the SUV

Page 6: Wilson and other witnesses stated that Brown then reached into the SUV through the open driver’s window and punched and grabbed Wilson. This is corroborated by bruising on Wilson’s jaw and scratches on his neck, the presence of Brown’s DNA on Wilson’s collar, shirt, and pants, and Wilson’s DNA on Brown’s palm. While there are other individuals who stated that Wilson reached out of the SUV and grabbed Brown by the neck, prosecutors could not credit their accounts because they were inconsistent with physical and forensic evidence, as detailed throughout this report.

Struggle over the gun

Page 6: Brown then grabbed the weapon and struggled with Wilson to gain control of it. Wilson fired, striking Brown in the hand. Autopsy results and bullet trajectory, skin from Brown’s palm on the outside of the SUV door as well as Brown’s DNA on the inside of the driver’s door corroborate Wilson’s account that during the struggle, Brown used his right hand to grab and attempt to control Wilson’s gun. According to three autopsies, Brown sustained a close range gunshot wound to the fleshy portion of his right hand at the base of his right thumb. Soot from the muzzle of the gun found embedded in the tissue of this wound coupled with indicia of thermal change from the heat of the muzzle indicate that Brown’s hand was within inches of the muzzle of Wilson’s gun when it was fired. The location of the recovered bullet in the side panel of the driver’s door, just above Wilson’s lap, also corroborates Wilson’s account of the struggle over the gun and when the gun was fired, as do witness accounts that Wilson fired at least one shot from inside the SUV.

Hands up

Page 8: Although there are several individuals who have stated that Brown held his hands up in an unambiguous sign of surrender prior to Wilson shooting him dead, their accounts do not support a prosecution of Wilson. As detailed throughout this report, some of those accounts are inaccurate because they are inconsistent with the physical and forensic evidence; some of those accounts are materially inconsistent with that witness’s own prior statements with no explanation, credible [or] otherwise, as to why those accounts changed over time. Certain other witnesses who originally stated Brown had his hands up in surrender recanted their original accounts, admitting that they did not witness the shooting or parts of it, despite what they initially reported either to federal or local law enforcement or to the media. Prosecutors did not rely on those accounts when making a prosecutive decision.

While credible witnesses gave varying accounts of exactly what Brown was doing with his hands as he moved toward Wilson – i.e., balling them, holding them out, or pulling up his pants up – and varying accounts of how he was moving – i.e., “charging,” moving in “slow motion,” or “running” – they all establish that Brown was moving toward Wilson when Wilson shot him.Although some witnesses state that Brown held his hands up at shoulder level with his palms facing outward for a brief moment, these same witnesses describe Brown then dropping his hands and “charging” at Wilson.

The DOJ report notes on page 44 that Johnson “made multiple statements to the media immediately following the incident that spawned the popular narrative that Wilson shot Brown execution-style as he held up his hands in surrender.” In one of those interviews, Johnson told MSNBC that Brown was shot in the back by Wilson. It was then that Johnson said Brown stopped, turned around with his hands up and said, “I don’t have a gun, stop shooting!” And, like that, “hands up, don’t shoot” became the mantra of a movement. But it was wrong, built on a lie.

http://www.washingtonpost.com/blogs/post-partisan/wp/2015/03/16/lesson-learned-from-the-shooting-of-michael-brown/

td1234
td1234

@Tuna Meowt Just like I thought you can not or will not acknowledge the truth. 

vespajet
vespajet

@td1234  And this has to do with the topic in what way?  

td1234
td1234

@Tuna Meowt @td1234 To be grubered is to be lied to by people of the same ideological persuasion and for the end user to stand up for the lie and not admit they were wrong when the truth comes out. 


Tuna: Are you a member of the gruber class or will you admit you were lied to and now reject the lie? 

Tuna Meowt
Tuna Meowt

@td1234 @Tuna Meowt "To be grubered is to be lied to"


Gruber?


DRINK



"Tuna: Are you a member of the gruber class"


GRUBER???


DRINK



td1234
td1234

@vespajet This topic was dead by 6pm last night. Either admit you have been lied to and now you know Brown was a thug and Wilson did his job or remain a gruber. 

Tuna Meowt
Tuna Meowt

@vespajet @td1234 TeeDee apparently thinks I've been engaging on the topic of the Missouri shootings; he's wrong, as I haven't.


He also seems to think that the word "gruber" somehow works on liberals in the same way that garlic supposedly works on fictional vampires.


He's wrong there, too; about all that word does for liberals is to serve as a notice that one should DRINK.


vespajet
vespajet

@Tuna Meowt @td1234 And hijacking discussions don't change a damn thing either.  If you nitwits wants to continue to beat a dead horse, there are plenty of other dumping grounds for such discussions without hijacking the comments section.....



Tuna Meowt
Tuna Meowt

@td1234 "Will DDR, Jackie, VC and other progressives NOW admit they were grubered as well?"


Gruber?



DRINK



Tuna Meowt
Tuna Meowt

@td1234 @Tuna Meowt As indicated by another poster in the last couple of minutes, I DON'T CARE.


Ferguson, MO is *your* hot topic, not mine.


td1234
td1234

@vespajet @td1234 Guess what, I do not care that you do not care but you must care to have posted on a thread that I started. If you really did not care then you would have ignored it. 

td1234
td1234

@Tuna Meowt Drink away if that makes you happy. Drinking is a way to not have to face reality. 

Tuna Meowt
Tuna Meowt

@vespajet @Tuna Meowt @td1234 We frequently suggest that posters with an OT axe to grind head on over to Wordpress so they can set up their own blogs and opine on their fave topics to their hearts' content.


Tuna Meowt
Tuna Meowt

@td1234 @Tuna Meowt As I've indicated many times, I no longer drink, Pumpkin.  And nobody's falling for your troll topic today.


td1234
td1234

@Tuna Meowt Attack the poster instead of facing reality. The progressive way. 


Have another drink gruber. 

Tuna Meowt
Tuna Meowt

@td1234 @Tuna Meowt Translation: WHY WON'T YOU PEOPLE POST ON THE TOPIC I WANT?


Boo effing hoo, TeeDee.  Nobody likes you and you're not likely to change that by pitching a fit.


LeninTime
LeninTime

@td1234 @Tuna Meowt 

To be grubered is to be lied to by people of the same ideological persuasion

***
Are you suggesting Gruber was ideologically aligned with people who yearned to see the introduction of universal health insurance in this country?

LeninTime
LeninTime

Captain brainy is apparently thrown by the term 'government secrecy' in relation to government cooperation with FOIA requests. Lol.

moonbat_betty
moonbat_betty

@Visual_Cortex

I hate when the cat sits on the keyboard or in front of the monitor!

It's like they think they are helping or something.

gotalife
gotalife

Nothing going on today.


Go back to sleep.

kayaker71
kayaker71

@gotalife Yeah, it all happened yesterday.  How do you like your crow cooked, my friend? 

LeninTime
LeninTime

@Captain-Obvious 

You don't understand what I mean by 'government secrecy' in relation to your post on the White House's thwarting of FOIA requests and access to government documents generally? 

Geez. Why do I even waste my time with this blog.