Don’t Be Fooled by Claims that Tax-Funded Sports Arenas Spur “Economic Development”
It’s probably inevitable that landing the #1 pick in the NBA draft, like the San Antonio Spurs did this spring, while playing in a 20-year-old building, would spawn chatter about a new arena. As usual, the preeminent concern is tapping the taxpayer to foot part of the bill. And as usual, that should be a no-go.