COMMENTARY | Municipalities are now significantly less likely to spend public dollars on new stadium development. Owners and public officials are finding different, mutually beneficial partnerships to generate revenue for stadium upgrades.
In Colorado and Washington, residents this fall voted to either constrain state tax revenues or cut fees, even as Democratic lawmakers argue the money is needed to support education and transportation programs.
Louisiana attracts chemical companies with one of the country’s most generous tax exemptions. The idea is to bring jobs to the state. Instead, construction often happens offsite, and automation has cut down on the jobs that remain.