April 1st, 1996
Category: Corporate Welfare, News Series
Consider the following hypothetical situations: One, you are an honest, law-abiding, tax-paying citizen who has never had an interest in professional sports. Your state and local government representatives decide to incur debt and spend millions of dollars to persuade the wealthy owner of a professional sports team to locate in the city where you live. […]
April 1st, 1996
Category: Corporate Welfare, News Series
As the victors of the Great Stadium Debate of ’96 now find that the whopping $200 million set aside for a new Baltimore bowl will not even buy one they find attractive, advocates of small government must surely be suppressing a smile. Or at least they would be, had not so much taxpayer money gone […]
January 1st, 1996
Category: Corporate Welfare, News Series
Maryland’s so-far successful attempt to attract Art Modell’s Cleveland-based NFL franchise to Baltimore is a spectacular example of corporate welfare, regardless of Modell’s February 21 consent to contribute $24 million himself. The deal still involves involves a 30-year, no-rent lease on an estimated $200 million stadium to be built almost entirely at state expense, and […]