Wednesday, February 15, 2006

New Roof: Worthy of Taxes?

The Cleveland Browns' stadium is under consideration for the addition of a $90 million retractable roof. How is the city planning to pay for this? Well, the same way they paid for the stadium in the first place: taxes on cigarettes and alcohol. This "sin tax" is being used on something that is as seemingly trivial as a retractable roof for an already new stadium; it seems that perhaps better use of these funds could be found. However, these planners do have the economic well-being of the city in mind. They feel that this addition to the stadium would put them in a position to host a Superbowl in the next 10 years. This would be a tremendous boost to the local economy, such as can be seen in Detroit this year. However, one-time events cannot solve deep-rooted economic difficulties. Do you think that the new roof is worth the $90 million in tax money, or should these funds be used in other ways? The information for this post can be found at: http://www.newsnet5.com/news/7056180/detail.html.

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