You have a very bright editorial staff, who endorsed the latest Seattle arena proposal, asking, “What’s not to like?” (TNT, 2-21).
You say: “Taxpayers wouldn’t be asked to come up with a dime for any of it.” And “The remainder of the $500 million cost would be paid by team rent and taxes generated by the arena.”
Moreover, you quote King County Executive Dow Constantine as saying, “Only two other pro-sports arenas in the country would have more private investment.”
If taxpayers won’t be asked to come up with a dime, how could any sports arena have “more” private investment, and why are taxes part of the funding package?
These kind of word games are why no one trusts politicians and why people are starting to distrust their local newspaper.
If some people want to build a sports arena, they should do so. The government has more important things to do and shouldn’t be finding new ways to funnel money into the pockets of rich people.