Thursday, May 21, 2015

Washington Wants the Redskins (And is prepared to spend your money to get them.)

 
Weekly Standard
 "They are a lousy team with perhaps the worst owner in all of professional sports, but the Imperial City wants the Redskins nonetheless.  As Alex Gold and Ted Gayer of the Brookings Institute write:
Recently, DC mayor Muriel Bowser announced that she has reached out to Dan Snyder, owner of the DC-area NFL team, about returning the team to the Nation’s Capital from its current location in suburban Maryland. 
"Fine, you think, if they want Snyder and his inept squad, no skin (red or otherwise) off my nose.
But, not so fast.  Seems that the governors of Maryland and Virginia are also interested.  Thus:
… a bidding war [is] likely, with each location promising a newer and fancier replacement stadium for the team’s current home.  
"And, in the way of these things:
Wherever the Washington team winds up, there’s little doubt that taxpayers – both locally and across the nation – will be on the hook for much of the stadium’s bill. 
"It can all be blamed, like so much else, on the lousy, jury rigged tax system:" . . .

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