Topic: Tax cut decisions
TBRich's photo
Thu 12/20/12 07:18 PM
Crime-Ridden Oakland Lays Off 200 Police Officers While Giving $17 Million To Pro Sports Teams
By Pat Garofalo on Dec 20, 2012 at 2:35 pm
Cities and states have seen their budgets decimated during the Great Recession, as revenue plunged due to dropping home prices and high unemployment. They had to make some desperate choices to save funds, including laying off scores of public safety workers (or even turning off their streetlights).
Oakland was no different, laying off 200 police officers, despite the city having the fifth-highest crime rate in the country. However, the city chose to fire those officers while preserving a $17 million payment to the National Football League’s Oakland Raiders and Major League Baseball’s Oakland Athletics:
Oakland, California, the fifth-most crime ridden city in America, faced a $32 million budget deficit last year. It closed the gap by dismissing a fourth of its police force, more than 200 officers.
Untouched was the $17.3 million that the city pays to stage 10 games a season for the National Football League’s Oakland Raiders and to host Major League Baseball’s Athletics in the O.co Coliseum. The funds cover debt financing and operations and are supplemented by $13.3 million from surrounding Alameda County, based on data compiled by Bloomberg from public records.
Nearly every single NFL stadium was built with public money or benefits from public infrastructure built specifically nearby. This money, as many studies have shown, does not provide much economic benefit to the surrounding community. It merely lines the pockets of the already wealthy owners of professional sports franchises.
Adding insult to injury, the National Footbal League itself is a non-profit entity, like other pro sports leagues. The federal government loses about $91 million in revenue due to sports leagues not having to pay taxes.

AndyBgood's photo
Thu 12/20/12 09:48 PM
Just like organized religion huh?

Dodo_David's photo
Thu 12/20/12 10:14 PM

Crime-Ridden Oakland Lays Off 200 Police Officers While Giving $17 Million To Pro Sports Teams
By Pat Garofalo on Dec 20, 2012 at 2:35 pm
Cities and states have seen their budgets decimated during the Great Recession, as revenue plunged due to dropping home prices and high unemployment. They had to make some desperate choices to save funds, including laying off scores of public safety workers (or even turning off their streetlights).
Oakland was no different, laying off 200 police officers, despite the city having the fifth-highest crime rate in the country. However, the city chose to fire those officers while preserving a $17 million payment to the National Football League’s Oakland Raiders and Major League Baseball’s Oakland Athletics:
Oakland, California, the fifth-most crime ridden city in America, faced a $32 million budget deficit last year. It closed the gap by dismissing a fourth of its police force, more than 200 officers.
Untouched was the $17.3 million that the city pays to stage 10 games a season for the National Football League’s Oakland Raiders and to host Major League Baseball’s Athletics in the O.co Coliseum. The funds cover debt financing and operations and are supplemented by $13.3 million from surrounding Alameda County, based on data compiled by Bloomberg from public records.
Nearly every single NFL stadium was built with public money or benefits from public infrastructure built specifically nearby. This money, as many studies have shown, does not provide much economic benefit to the surrounding community. It merely lines the pockets of the already wealthy owners of professional sports franchises.
Adding insult to injury, the National Footbal League itself is a non-profit entity, like other pro sports leagues. The federal government loses about $91 million in revenue due to sports leagues not having to pay taxes.


Local politicians promote the claim "If we build it, then they will come." So, they use tax dollars to build it. Then what happens?

JustDukkyMkII's photo
Fri 12/21/12 01:23 AM

Local politicians promote the claim "If we build it, then they will come." So, they use tax dollars to build it. Then what happens?


Let's see…building it winds up costing twice the projected cost owing to cost overruns (owing to bureaucratic "ineptitude" that coincidentally lines a lot of pockets with rainy day money)…Then they have to charge high prices for the game tickets to recoup those costs, which of course drops attendance to zero or thereabouts (except the season ticket box seats all the politicians & executives get with rainy day money)…then the local taxes have to go up yet again to subsidize the cost of operation of the losing proposition.

Who benefits?…Crooked politicians & their crony corporate in-laws. Who pays?…take a wild guess!