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The Truth about Scott Walker’s ‘Taxpayer Funded’ Arena
National Review ^ | August 13, 2015 | Christian Schneider, columnist for the Milwaukee Journal

Posted on 08/13/2015 6:53:56 AM PDT by Cincinatus' Wife

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Anti-Walker activists can put that in their pipe and smoke it!
1 posted on 08/13/2015 6:53:57 AM PDT by Cincinatus' Wife
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Comment #2 Removed by Moderator

To: Cincinatus' Wife

Go home Scotty,and embrace your inner feminist side with Megyn Kelly, and talk about open borders.


3 posted on 08/13/2015 7:00:03 AM PDT by MARKUSPRIME
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To: Cincinatus' Wife
Ok,

So if this is such a great deal, why does the state have to finance it ? What about the ownership going to a bank ?

4 posted on 08/13/2015 7:03:09 AM PDT by onona (If I agree with something Donald says in a forest, and no one hears, am I still a "Trumper" ?)
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To: Cincinatus' Wife

The “economic growth will pay for itself” argument is made for EVERY taxpayer funded stadium. And it rarely, if ever, turns out that way.


5 posted on 08/13/2015 7:03:21 AM PDT by Wolfie
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To: sf4dubya

Trump doe snot hate Scott Walker. I’ve heard him say what a nice guy he is. Trump builds under cost - I think he had one project in Atlantic City that went into overruns, but that wasn’t his fault. Licenses were held up or something. I heard his audio from his book, but can’t remember the specific details. SO, don’t spread lies that he has cost overruns. He normally gets his projects done under cost and on TIME>


6 posted on 08/13/2015 7:05:08 AM PDT by Catsrus (a and)
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To: sf4dubya
Here's a good source on Trump using Democratic talking points.

Walker: Why does Trump keep attacking me with debunked ‘Democrat talking points’?

And the facts about Wisconsin's economy.

7 posted on 08/13/2015 7:06:39 AM PDT by Cincinatus' Wife
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To: Wolfie

Sports are a huge deal in WI. I think it will pay for itself.


8 posted on 08/13/2015 7:06:50 AM PDT by Catsrus (a and)
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To: onona

If you want to comment intelligently, it’s best to read the article first.


9 posted on 08/13/2015 7:07:16 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife

What a pathetic apologia.

Some Dems voting for something doesn’t mean there’s not a Republican crony tie.

$500,000 a year from a share of a ‘user fee’will not pay for “a large chunk of the arena”.

Any business channels income taxes into a state, but any state doesn’t pay such a business a half billion of its cost of doing business.

Claiming that such a giveaway will be in part paid for by cuts in spending elsewhere is also bogus.

Likewise, collecting more taxes from deadbeats is not “paying for” the arena.

And again the same on taxes raised on local parking.

Comparing it with the state funding a chemistry lab could hardly be more lame as well.

The complexity of the funding mechanisms do nothing to explain away that raising taxes and taking out humongous bonds for an arena are indeed public payment for a private business.

Shame on NR for even putting “Taxpayer Funded” in quotes in the title.


10 posted on 08/13/2015 7:08:14 AM PDT by 9YearLurker
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To: Wolfie

You haven’t even read this article before posting.


11 posted on 08/13/2015 7:10:47 AM PDT by Cincinatus' Wife
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To: Catsrus

Sport are a big deal everywhere, and again, these boondoggles rarely pay off.


12 posted on 08/13/2015 7:11:09 AM PDT by Wolfie
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To: 9YearLurker

You notice how fast NR puts out articles to defend the members of the GOPe. Yup, no bias there.


13 posted on 08/13/2015 7:12:40 AM PDT by hotsteppa
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To: hotsteppa

Exactly.


14 posted on 08/13/2015 7:14:52 AM PDT by 9YearLurker
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To: Cincinatus' Wife

Hey, the state could buy me a house and just apply my taxes to the mortgage. See. I’m really paying for it myself. Yes, this is crony capitalism. If anything, the sport team owners should pay for the privilege of building the stadium to cover for the extra costs taxpayers will have to cover such as extra policing.


15 posted on 08/13/2015 7:18:55 AM PDT by freedomfiter2 (Lex rex)
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To: freedomfiter2

You have totally spun this to a place that is entirely off the wall and fictional.


16 posted on 08/13/2015 7:20:28 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
The rest of the bonds will be financed with state tax revenues, but there’s an important catch — the remaining $3.5 million per year the state will pay over the next two decades is more than offset by the annual income taxes the Milwaukee Bucks franchise pays the state. According to state records, the Bucks pay $6.5 million per year in state income taxes. Every NBA player who comes to Milwaukee to face the Bucks pays a portion of his income to Wisconsin. This isn’t expected revenue from future economic development — this is money already being paid to the state. Thus, “taxpayers” won’t be paying the state’s portion, the Bucks will be.

Except that the NBA players have been paying that since the Bucks entered the league and I assume it's gone into the general revenue fund. So if suddenly more than half of it will now be devoted to paying for the Bucks stadium then I assume the Wisconsin taxpayers are on the hook for making up for where that money was spent before?

Anyway you look at it taxpayer are funding a big part of the arena and the Bucks owners are making out on the deal. At least when Kansas City renovated the Truman Sports Complex they put the issue to the taxpayers in a referendum. And the taxpayers approved the spending. Tney didn't have it shoved down their throat by the legislature.

17 posted on 08/13/2015 7:20:59 AM PDT by DoodleDawg
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To: Cincinatus' Wife

Why are you supporting such twisted logic? Taxpayer money is being given away. Are you so in the tank for a GOPe candidate that you are blind?


18 posted on 08/13/2015 7:25:36 AM PDT by freedomfiter2 (Lex rex)
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To: freedomfiter2

When you have to go to such lengths to reword something, it is you who are twisting logic.


19 posted on 08/13/2015 7:26:26 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife

It’s taxpayer money. Period. Calling it offsets is merely a budget balancing magic trick. And while offsets often are real, even if they are ... it’s taxpayer money.

He wouldn’t be arguing “it would cost taxpayers more to lose them” (it wouldn’t) then keep them if he wasn’t using taxpayer money.

Taxpayer money for a billionaire’s sports arena? While I would vote for most of the GOP candidates (certainly not Jebby or Rubio) , I will never, ever vote for smarmy lap dog Walker.


20 posted on 08/13/2015 7:27:05 AM PDT by RIghtwardHo
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