Sunday is the Super Bowl. That means we’re going to have to watch Atlanta politicians take credit for the stadium that will host the game. Atlanta’s former mayor calls it “simply the best facility in the world.”
But as John Stossel explains, those politicians aren’t likely to talk about how taxpayers were forced to donate more than $700 million to the owner of Atlanta’s football team, billionaire Arthur Blank, to get him to build the stadium.
In addition to the subsidies, the Falcons get all the money from parking, restaurants, and merchandise sales. Sweet deal. But not an unusual one. Some NFL teams collect even more in government subsidies than it cost to build their stadiums.
from Hit & Run http://bit.ly/2GgnZrJ
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