mi_keys
7 years ago

Also, there's the argument that the presence of the Packers, and the renovation of the stadium as a larger entertainment destination helps the entire state by bringing business (which pays sales tax) into the state where it wouldn't otherwise exist. In the case of the city of green bay, it also helps surrounding businesses.

Originally Posted by: Porforis 



There have been studies showing that new stadiums / stadium renovations don't have anywhere near the economic uplift to local businesses to offset the cost to taxpayers to pay for the stadium. Apologies as I don't recall offhand the study(ies) otherwise I'd cite them.

I'm not aware of any studies that have shown the opposite to be true (that the benefit to local business does offset the cost to taxpayers), though I'd be interested if anyone was aware of such a study.

That said, given the unique setup of the Green Bay Packers, this might be the exception to the rule.
Born and bred a cheesehead
Rockmolder
7 years ago

There have been studies showing that new stadiums / stadium renovations don't have anywhere near the economic uplift to local businesses to offset the cost to taxpayers to pay for the stadium. Apologies as I don't recall offhand the study(ies) otherwise I'd cite them.

I'm not aware of any studies that have shown the opposite to be true (that the benefit to local business does offset the cost to taxpayers), though I'd be interested if anyone was aware of such a study.

That said, given the unique setup of the Green Bay Packers, this might be the exception to the rule.

Originally Posted by: mi_keys 



Still, that's not their intention. If H&M puts a superstore in a small town, everything around it will thrive. Don't see anyone lining up to pay extra taxes so H&M can rake in those Dollars faster, though.

It's utter bullshit, but utter bullshit they'll keep getting away with, because of their monopoly and the demand for an NFL team in so many cities in the US alone, let alone outside the US. Don't want to fund a stadium? We'll just move to LA/San Antonio/Portland/Oklahoma City/Las Vegas etc.
wpr
  • wpr
  • Preferred Member Topic Starter
7 years ago

There have been studies showing that new stadiums / stadium renovations don't have anywhere near the economic uplift to local businesses to offset the cost to taxpayers to pay for the stadium. Apologies as I don't recall offhand the study(ies) otherwise I'd cite them.

I'm not aware of any studies that have shown the opposite to be true (that the benefit to local business does offset the cost to taxpayers), though I'd be interested if anyone was aware of such a study.

That said, given the unique setup of the Green Bay Packers, this might be the exception to the rule.

Originally Posted by: mi_keys 



I have read and heard about these studies since the 80's. One of the first I heard about was an economist who said the only thing going for the community was the "Community Pride" in being one of the few cities that had a franchise for that league which has no value which is why people willing give the teams millions and now billions.
UserPostedImage
DakotaT
7 years ago

I'm talking about Packers owners.

Instead of a sales tax for everyone, why not have each "owner" pony up $20?

Originally Posted by: nerdmann 



Who gave you permission to spend my money?
UserPostedImage
DakotaT
7 years ago

I've had to pay school tax every year, even though I never had any children.

As was stated already, a stadium/sports franchise brings in lots of money into a community. Without the Packers, what would Green Bay be?

Originally Posted by: Cheesey 



A city full of alcoholics.

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