SPTE 203 Public Subsidies

SPTE 203 Public Subsidies - Palace at Auburn Hills Oriole...

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Public Subsidies
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What is a Subsidy? Construction vs. Operational Colonial Life Arena Township Auditorium Koger Center for the Arts Carolina Coliseum
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History First Part of 20 th  Century No significant public subsidies Sports wasn’t seen as necessity for the  public good.
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History (cont.) Second half of 20 th  century Population changes Technology Changes Need for entertainment 1946 – Cleveland Rams 1953 – Boston Braves Brooklyn Dodgers
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History (cont.) Increased Seating Capacity Amenities
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Unformatted text preview: Palace at Auburn Hills Oriole Park at Camden Yards Trend Away from Subsidies How do we determine the worth of subsidies? Direct Spending Multipliers Indirect and Induced Spending Can we trust the numbers? Arguments for Subsidies Arguments against Subsidies Forms of Subsidies Direct Indirect Taxes Tax Abatements Infrastructure Benefits Taxes Sales Taxes Property Taxes Tourism Taxes Hotel or Accommodation or Bed Taxes Rental Car Taxes Sin Taxes Lotteries Entertainment Taxes...
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This note was uploaded on 02/10/2011 for the course SPTE 203 taught by Professor Kenyon during the Fall '10 term at South Carolina.

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SPTE 203 Public Subsidies - Palace at Auburn Hills Oriole...

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