Nevada Independent
Selena La Rue Hatch
May 31, 2023
$380 million to a California billionaire for a baseball stadium, $4 billion for a couple of movie studios and another $330 million to a Texas billionaire for an electric car factory. Seems like corporate America has decided it’s Christmas in Nevada and Nevada taxpayers are being cast in the role of Santa.
What will we receive in exchange for the doling out of our precious tax dollars? Jobs, we are told. Economic development, we are told. Increased tourism and workforce diversification, we are told. Between the Athletics Investment Group, Birtcher Development, and the Howard Hughes Corp., there are 52 registered lobbyists constantly repeating this mantra to legislators in the hopes that we will approve these massive taxpayer giveaways. It almost makes you wonder if these companies can’t afford to build their own stadiums or movie studios because they’ve spent all their money on lobbyists.
Read More: https://thenevadaindependent.com/article/time-to-reevaluate-priorities-true-cost-of-tax-giveaways