None Provided4 America is in the midst of a sports body structure boom. New sports facilities costing at least $200 one million million million each have been completed or are infra way in Baltimore, Charlotte, Chicago, Cincinnati, Cleveland, Milwaukee, Nashville, San Francisco, St. Louis, Seattle, Tampa, and Washington, D.C., and are in the planning stages in Boston, Dallas, Minneapolis, New York, and Pittsburgh. Major stadium renovations have been undertaken in Jacksonville and Oakland. manufacturing experts estimate that more than $7 billion will be spent on new facilities for professional sports teams before 2006.
nigh of this $7 billion will come from public sources. The support starts with the federal government, which allows state and local governments to issue tax-exempt bonds to process finance sports facilities. Tax exemption lowers interest on debt and so reduces the amount that cities and teams must pay for a stadium. Since 1975, the interest rank reduction has varied between 2.4 and ...If you want to get a full essay, order it on our website:
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