Big Fucking Shock: The GOP Tax Bill Won't End Stadium Subsidies
Photo credit: Andrew Harnik/ [object Object] For a while there, the Republican tax bill contained a provision that would be difficult to describe as a “silver lining,” given how comprehensively destructive the rest of the bill is, but could reasonably have been described as “not bad.” The provision was set to prevent cities from using tax-exempt bonds to finance sports stadiums.
The final version of the tax bill passed last night, and guess what? The bit about the tax-exempt bonds didn’t make the final cut. From the Wall Street Journal:
The bill also preserves the ability to use tax-exempt bonds for professional sports stadium bonds—a priority for Mr. Trump, a GOP aide said.
The fact that removing that piece of the bill was such a priority for Trump is interesting, given that his previous attacks on the NFL have included threats to end the stadium scam:
It’s almost as if everything Trump says in public is just disingenuous posturing meant to stoke racial and populist outrage among his base, who are then too angry and distracted to notice that he’s never, ever going to favor them over his obscenely rich friends.
[ WSJ]
Related
- Spurs vs Thunder Game 2 Best Bets: Top Picks for Western Conference Finals
- MLB Picks Today: Best Bets for Red Sox vs Royals and Orioles vs Rays
- Spurs vs. Thunder Game 1 Best Betting Picks and Predictions
- Canadiens vs. Sabres Game 6 Betting Picks and Predictions
- UFC Vegas 117 Betting Picks: Best Props and Predictions for Saturday Night
- MLB Picks Today: Twins and Mariners Headline Friday's Bets
- NBA Playoff Best Bets: Cavaliers vs Pistons and Spurs vs Timberwolves Picks

