Nov 23, 2011, 12:33 PM EDT
Please sit down for this, because it’s going to come as something of a shock: the taxpayer-funded ballpark the Marlins are moving into is going to end up costing taxpayers more money than the politicians said it would when they forced it upon the populace:
When the city of Miami agreed to build parking garages for the new Miami Marlins stadium, borrowing $100 million in the bond market to do so, officials assumed the structures, like most such municipal facilities, would be exempt from property taxes.
Read the article for the details, but the upshot is that the government was trying to pretend like it was the private sector and then was surprised when it had to play by the same rules as the private sector.
How about this: let’s let businesses be businesses and let the government be the government? When the former tries to tell me what to do and the latter tries to make a buck, nothing but sorrow can follow.
(link via, who else? Old Gator)
- 2014 Trade Deadline Tracker 23
- Red Sox trade John Lackey to Cardinals for Allen Craig and Joe Kelly 82
- The Lester trade is a win-win 110
- BLOCKBUSTER: Jon Lester and Jonny Gomes heading to Oakland for Yoenis Cespedes 164
- The State of the Trade Deadline: Yesterday was pretty sleepy. Will general managers wake up today? 40
- Cardinals acquire Justin Masterson from Indians 49
- There’s a “very good chance” the Red Sox trade Lackey and Lester 53
- Hey, Rube: Phillies pay dearly for Amaro’s misguided loyalty 92
- Expert’s Corner: How to troll fans of all 30 teams (201)
- “Caucasians” t-shirts are hot sellers on Canadian Indian reservations (199)
- BLOCKBUSTER: Jon Lester and Jonny Gomes heading to Oakland for Yoenis Cespedes (164)
- Rangers’ retirement gifts for Derek Jeter: Yankees cowboy boots, signed George W. Bush photo (123)
- The Lester trade is a win-win (110)