Very much alike all of those delightful French people who poop in the River Seine in protest of so many tourists . . . Our local tax fighters want to challenge local conceptions of tax subsidy and professional sports . . . Here's the word:
"Historically, the economic benefits of hosting the Olympics have been dubious, and Paris is proving no exception. Despite the €7.5 billion investment, tourism has slumped, with travelers avoiding the city due to expected overcrowding . . . I share this in the hopes that seeing the failed promises of big sporting events overseas will make the argument at home more palatable. These investments just don’t pan out for taxpayers, be they for the Olympic Games, the Royals, Chiefs, or Cardinals."
Read more via www.TonysKansasCity.com link . . .
Sacre Bleu! Sporting Events and Stadia Don't Drive Economic Development - Show Me Institute
The Telegraph reminds us that big sports events usually fail to meet the promises made regarding their impact on economic development. The Paris Olympics,
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