Monday, February 25, 2008

Hey Metro Taxpayers: Corporate welfare hurts

your bank account but when the recipients of your tax dollars are truly deserving...oh, and by the way lets not forget that 60% of ticket buyers don't even live in Davidson County.

Link

Under the lease, which the team and Metro officials are still negotiating, the city (READ TAXPAYERS) would provide about $6.8 million a year in arena operating subsidies, management fees and other changes. As an incentive for booking more events at Sommet Center, the Predators also would be eligible for up to $2 million a year in sales tax collections and other revenues.

The investors are 10 men and one woman representing eight families from Middle Tennessee and California.