At 10:30 AM 5/2/01 EDT, [EMAIL PROTECTED] wrote:
>I am always amused when people call the ball park loan from the state
> While it very well may be interest free, at the same time
>the players are paying huge personal incomes taxes to the state, as well as
> I'm sure those taxes paid far outweigh the
>amount of interest that would be assessed.
>
>Karen Collier
>Linden Hills
The Cato Institute has a number of useful policy papers on the Economic
impact of stadiums.
http://www.cato.org//pubs/regulation/regv23n2/coates.pdf
Personally, I think we'd get more bang for our buck in economic development
if we did more to increase the earning power of Minneapolis citizens, or if
we invested that money into affordable housing.
Look at the Wells Fargo Campus for example. Currently, there is a plan to
build a freeway exit ramp that would allow commuters to drive straight from
the freeway onto the Wells Fargo Campus. It doesn't seem as if it's part
of Wells Fargo's plan to try to find more employees who live in the city -
or to hire people from the neighborhood into entry level jobs that will
lead to more professional and high paying jobs within the company.
I'd be interested in hearing from City Council Candidates and Mayoral
Candidates- especially those near the Wells Fargo Campus on this issue.
Eva
Eva Young
Central
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