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Corporate Welfare / Subsidies

Michael Rathbone on Stadium Sweetheart Deals

By Michael Rathbone on Feb 13, 2014

Michael Rathbone talks about the fairness of public financing for stadiums. Currently, $24 million in taxpayer money is spent annually for the original construction of the Edward Jones Dome. Saint Louis City taxpayers contribute $6 million of that. Saint Louis County taxpayers contribute another $6 million. And the state of Missouri contributes $12 million from the public coffers each year, but it doesn’t make sense that Springfield and Joplin residents are paying for a stadium that they rarely use:

 

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Michael Rathbone

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