Not to make this all political but Texas A&M is a bastion of conservatism and they are asking for $38 million from the local government. This wreaks of hypocrisy!
@DavidIsraelMadison Read posts below. Actually A&M is OFFERING the local governments an opportunity to keep the 100 million in tax revenue they will lose if A&M shuts down Kyle field for over a year by doing a buy in of 38 million, which is the difference between spreading the construction out 3 years (what the locals want) and doing it the most efficient way (which is 38 million cheaper than what the community wants). The hypocracy is from tools who don't know what the issues are, don't understand program management and don't like conservative bastions talking smack like they understand what is going on.
@BonzaiB @DavidIsraelMadison Congrats, you are what's wrong with this country today! Thank you for calling me a tool because I simply point out that asking a local government to chip in $38 million goes against conservative principles. They aren't asking for a reduction in taxes. They are asking for $38 million dollars of tax revenue to support a private project. This is pork barrel spending no matter how you want to spin it because when it is done at other places, for other entities conservatives go nuts. I'm not saying whether it's right or wrong but it is government influence.
If the local government does not think getting 100 million in tax revenue for a 40 million dollar investment is a good deal, then they don't have to put the money up. The AD will shut down Kyle Field for a year. A&M will get the stadium for the cheapest price, local businesses that depend of the team will to go into debt and or close while the renovation goes on, the city will have to either float bonds, borrow money or lay off workers to get through the dry spell, and every body who thinks in 7 second sound bites, and who does not live in the community, will be happy. That would be guys like you.
If the AD takes that course of action, there will be a two to three year increase in unemployment benefits that have to be paid out and that will be worse for the tax payer than paying their fair share, there will be a lag in the restart of business revenue as new start ups have to get a foothold and build up, a lag in resumption of a full tax intake whille these start up businesses get back into the swing of things will lead to many other businesses in town struggling or going out of business. But hey, what do you care, the local government told the AD it did not want to reduce the golden gooses' risk, and those few hundred families who lost their livelihood can have the government welfare checks to make them all better.
So, if we follow your view of how communities should view business expansion, thousands of people are hurt economically, the local governments lose tremendous amounts of tax revenue, their debt goes up because the community will have an increase in unemployment and forclosures, and this impact will last for three to five years, or longer. Or, you can assess the situation like a conservative, and say, its better for everybody if we don't shut down Kyle, everybody shares a bit of the risk, and at the end of three years not only has there not been a disruption in tax revenue and business revenue, there are an additional 10,000-20,000 paying customers adding to our tax and business revenue every year.
@DavidIsraelMadison No it's not. They are playing their capitalism card and free market enterprise. They are contributing to society, not taking, big difference compared to Obamanism!
@MrIowa @DavidIsraelMadison College Station isn't going to make extra money in revenue to cover this $38 million. i'm sure that there are some Longhorns in the area as well as people who could care less about college football who don't want to pay for the renovations of Kyle Field with their taxes. But it will be added to their taxes anyway. This is the government interference that has blown up local, state, and national budgets.
@DavidIsraelMadison @MrIowa Wrong. The loss of tax revenue for a year, the loss of revenue to small businesses for that year Kyle would be shut down will devastate the local community, and will result in much higher losses in taxes than floating a 38 million dollar bond. You do not understand the devastation to a college town that disruption in home games cause. A&M is doing their part in this process. A&M added 7 years to their contract with Arkansas and the Dallas Cowboys, a deal A&M did not want to extend, to get an extra home game at Kyle Field for this year. One of the big reasons was A&M made a commitment to the local community to try and keep as much revenue flowing into the local community as possible. Its people who do not understand the entire picture of how colleges support their local communities that come up with this drivel.