Tennessee voters were even on their opposition or support of publicly-funded stadiums in a new Beacon Center poll.
The nonprofit policy center that supports free market solutions to public policy polled 1,181 potential Tennessee voters and found that 35% support publicly funding stadium such as the Tennessee Titans and Minor League Baseball stadiums in Knoxville and Chattanooga. Another 34% oppose the funding with 22% saying they are neutral and 8% unsure.
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A recent academic paper on the economics of sports stadiums again has highlighted how publicly funding professional sports stadiums does not provide the benefits promised by politicians.
The paper highlights how building entertainment districts surrounding stadiums has not changed that formula and alternative tax funding mechanisms – like those planned to be used in Nashville to fund a new $2.1 billion Titans stadium – only serve to obscure the fact so much is public funding is being used.
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In its annual Pork Report highlighting waste, fraud, and abuse of Tennessee taxpayer money, the Beacon Center of Tennessee identified 2022’s ‘Pork of the Year’ – the biggest waste of taxpayer money – as the funding and proposals of many sports stadiums across the state.
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Over the last few weeks, rumors have been circulating that the Kansas City Chiefs are considering moving from Kansas City, Missouri to Kansas City, Kansas.
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