Somehow I missed this. How is this guy so nonchalant about not having near enough money to build the stadium he is supposedly already building? This whole thing is so weird.
06.08.2025 02:25 โ ๐ 11 ๐ 1 ๐ฌ 3 ๐ 0@mjbofdca.bsky.social
The First Fellow of the UNLV Lincy Institute. Retired Grand Poobah, now a Think Tank Wonk. Bow Seat Rower. Unabashed Centrist. Virginian, Nevadan, and sometimes a Clevelander.
Somehow I missed this. How is this guy so nonchalant about not having near enough money to build the stadium he is supposedly already building? This whole thing is so weird.
06.08.2025 02:25 โ ๐ 11 ๐ 1 ๐ฌ 3 ๐ 0We've now passed the 2-year mark since Nevada approved giving $380 million in subsidies to build the A's a new ballpark. We're still waiting. It ain't happening.
16.06.2025 11:33 โ ๐ 46 ๐ 14 ๐ฌ 5 ๐ 3Suppose I attend a conference in Denver, get a hotel room, and eat a Subway. Acc to CSL, the Subway gets to count my conf fees, room fees/taxes as econ imp. And so can the conf and the hotel. So now all my spending gets counted x3. Please stop being terrible at thinking
ourrfk.dc.gov/sites/defaul...
Maybe this is old fashion, but the goal of government is not to hasten the deaths of Americans.
Republicans should reread the bible โ Jesus did exactly the opposite of what theyโre doing with their Big Ugly Bill.
JC Bradbury is the nation's leading expert on stadiums and film. He is now on Bluesky. His research is summarized here:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3407921. It's too bad in 120 days no expert was invited to testify on what will become a $1.6 billion contingent liablity.
02.06.2025 21:56 โ ๐ 2 ๐ 1 ๐ฌ 0 ๐ 0'Moviemakers play states against one another, leading to a cycle of bigger movie subsidies as lawmakers try not to be outbid by their neighbors. Analyst Robert Tannenwald has called this โperpetual competitive purgatory.โ' www.wsj.com/opinion/tax-...
02.06.2025 21:50 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0The funniest people are the folks who start running away when I speak up on film incentives or Rivian. (Oh no, those are good. Someone at the Georgia/Metro Chamber assured us.) Sorry, it's not just stadiums that lack any economic justification and end up as boondoggles.
27.11.2024 14:43 โ ๐ 7 ๐ 3 ๐ฌ 0 ๐ 0There is no legitimate policy justification for government support of the film industry. None. There are two types of people who favor propping up entertainment on the backs of citizens. People who don't know any better and those who are in on the scam.
06.05.2025 11:43 โ ๐ 6 ๐ 3 ๐ฌ 2 ๐ 1Community Benefit Agreements are nothing more than a ruse to get public stadium deals approved. The only people who are fooled into believing them are the people who want to be fooled.
01.06.2025 17:59 โ ๐ 9 ๐ 6 ๐ฌ 1 ๐ 0City of Alexandria Statement on the Trump Administration Listing Alexandria as a Sanctuary City. Read more: alexandriava.gov/go/7067
30.05.2025 02:15 โ ๐ 32 ๐ 16 ๐ฌ 1 ๐ 2OPINION by Michael Schaus: Hollywoodโs fuzzy math is pure fiction
โHollywood studios vying for taxpayer money often run up against a fundamental problem when trying to convince the public to support their efforts: Their math simply doesnโt add up.โ
thenevadaindependent.com/article/opin...
It was a weak showing for Carter as the "Mormon Democrats" of that era were evolving into "Reagan Democrats." NV was Reagan country. Four years earlier, NV Republicans supported Reagan over Ford at the convention. The politics of 76-81 profoundly affected NV's state government. #soontopublish
27.05.2025 15:53 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0If the Summerlin Studio is supposed to create all these new jobs for Nevadans, why are there two hotels with 1,923 rooms? To lodge gig workers from LA? And 140k sqft of retail is a Target, not a gift shop. Economic diversification is supposed to move us away from hospitality. This subsidizes it.
26.05.2025 23:10 โ ๐ 2 ๐ 0 ๐ฌ 0 ๐ 0Econ impact doesnโt pay your bills. Taxpayers do. No one should care about EI bc 1) itโs a nebulous concept and ripe for abuse, 2) almost everything creates some form of it, and 3) tells you nothing of costs or tradeoffs, which is key to efficient public policy. www.yourobserver.com/news/2025/ap...
24.05.2025 13:39 โ ๐ 15 ๐ 8 ๐ฌ 0 ๐ 2OPINION: It's time Nevada brought actual transparency to its tax credit programs thenevadaindependent.com/article/opin...
23.05.2025 19:39 โ ๐ 1 ๐ 0 ๐ฌ 1 ๐ 0It does not take two years to raise this kind of capital.
22.05.2025 07:33 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0It is pure fiscal folly and will lead to a budget crisis by the end of the decade. A state without an income tax cannot come close to recovering the budgetary cost. There is already a structural problem with the existing fiscal system.
22.05.2025 07:29 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0The "buy now, pay later" strategy will create havoc in the development of the budgets later in the decade.
22.05.2025 07:25 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0I estimate that the proposed film tax credit will deplete the General Fund by $1.5 billion over its 15-year authorization - a loss of 91%. If approved, NV can never again have a serious discussion about tax policy.
22.05.2025 07:23 โ ๐ 2 ๐ 0 ๐ฌ 1 ๐ 0Simply unbelievable. This is the film tax credit model, which is an even worse boondoggle than sports stadiums. This is unconscionable.
14.05.2025 14:48 โ ๐ 7 ๐ 2 ๐ฌ 1 ๐ 0And two years later, the Nevada Legislature is screaming about "accountability" for everyone else (mostly teachers), while they work to pass a film tax credit bill worth $1.65 billion.
20.05.2025 22:52 โ ๐ 3 ๐ 1 ๐ฌ 1 ๐ 0"You read books, eh?" A 1949 red scare Herblock cartoon about pressures on teachers that hits hard once again.
21.05.2025 12:54 โ ๐ 17061 ๐ 4946 ๐ฌ 212 ๐ 180I had the same reaction.
21.05.2025 19:52 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0LOL. We're approaching two years since the ballpark was approved, and this is where we are. ...Totally normal. www.reviewjournal.com/sports/athle...
20.05.2025 22:49 โ ๐ 1 ๐ 1 ๐ฌ 1 ๐ 0This trend of describing TIF funding mechanisms for stadiums as "private financing" needs to stop. I get that this can be confusion; so, media members, please call a local public finance professor for guidance.
04.05.2025 20:46 โ ๐ 6 ๐ 1 ๐ฌ 0 ๐ 0BREAKING: The constitutional crisis has arrived. We knew it was coming, just not when.
25.04.2025 14:43 โ ๐ 20765 ๐ 8390 ๐ฌ 1592 ๐ 1134Can someone point me to where the money is in arguing that stadiums are poor public investments? If I stopped this line of research, my compensation wouldn't change (I didn't use to do this). If I switched sides, I'd be much wealthier.
11.04.2025 16:37 โ ๐ 11 ๐ 3 ๐ฌ 6 ๐ 1