The St. Louis Cardinals owners yet again want significant taxpayer funds while giving almost nothing
Let's move up to today. Guess what DeWitt II wants? Busch Stadium needs a “significant capital infusion” in the upcoming years at the latest. My guess is that he will get something substantial around the $500 million mark. I don't think they should but I am just stating that I don't think local leaders would stop them from taking this amount of taxpayer money. The spin would probably just be that the Cardinals are taking just $500M instead of $2B for a new ballpark.
Read MoreSt. Louis MLS owners required no “direct taxes” in 2019…now they are increasing the sales tax rate to 12.7%
The ownership group of St. Louis FC is increasing the sales tax rate to almost 13%. If the city board approves a new sales tax district near the stadium, then the sales tax rate will increase 1% because the team was recently forced to pay “extraordinary costs” to fix their field. The stadium land contained “contaminated groundwater” that was quite a pain to fix and replace. The team claims to have numerous and expensive costs to fix the field. Yet, they have not been asked to detail any of the…
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