Vote No on the Sin Tax Issue 7
Issue 7 means twenty more years of taxes and broken promises.
20 MORE YEARS OF TAXES:
We built the stadiums but the owners got even MORE.
- Bed Tax- $42,208,096 between 2000-2010
- Car Rental Tax- $30,777,748 between 2000-2010
- Concessions- Receives all the profit from concessions sold at games
- Parking- $117,802,711 between 2000-2010
- Stadium Ads- Receives all profits from ads placed in the Stadiums.
- Naming Rights- Recently sold for $100 million.
TWENTY MORE YEARS OF BROKEN PROMISES:
They Promised More Jobs:
Stadium promoters promised 28,000 jobs would be created in the Gateway district. This never happened. It is estimated that only a third of those the jobs appeared. Does this Keep Cleveland Strong? NO!
They Promised a Stronger Community:
One out of every three Clevelanders now lives in poverty and more than one-quarter of Cuyahoga County mortgages are underwater. Yet Issue 7 would give millionaire franchise owners millions more!!
THERE IS ANOTHER WAY:
The downtown power brokers, politicians and billionaire franchise owners are trying to rush this tax through. We should slow down the process and explore other options.
- The New England Patriots relied on private funding to build their stadium, using public funding for only 17% of their costs.
- The Indianapolis Colts increased taxes in 6 counties outside Indianapolis to help fund the Lucas Oil Stadium.
- The Denver Broncos enacted a multi-county sales tax to help fund the Sports Authority Field at Mile High Stadium, helping their home town taxpayers.
Those three teams evidently know more than just how to win football games!! (Don’t you wish the Browns did, too?)
Go to the Coalition Against Unfair Taxes to learn more by clicking here!