YouTube Zennie62 News

Las Vegas Oakland Raiders Stadium Will Give No Tax Revenue To City, County In Proposal

Las Vegas Oakland Raiders Stadium Will Give No Tax Revenue To City, County In Proposal – Video

The Las Vegas Sands and Majestic Realty Oakland / Las Vegas Raiders Stadium Economic and Fiscal Impact document that is part of the information for the May 26th Southern Nevada Tourism and Infrastructure Commission was written to fool public officials.

It promises tax revenue by the millions but then one small report section near the end of it calls for a tax increment revenue district.

That area will collect all tax revenue and give it to the proposed stadium authority that is ran by the developer – in this proposal.

So the City of Las Vegas and Clark County will not get tax revenue from the project if they go along with the tax increment revenue financing proposal.

Oh and that is on top of the other $750 million the Las Vegas Sands and Majestic people want from an increase in the hotel tax.

Greedy.
via IFTTT
http://youtu.be/T4JirSNtdbo

Zennie Abraham
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.
https://www.zennie62blog.com

Leave a Reply

Your email address will not be published.