Steve Cohen might have to pay more in taxes as Mets owner
The big sports folks should be paying a tad more but we all know they will charge us more.
From the Sunnyside Post
“Queens Council Members Costa Constantinides, Jimmy Van Bramer and Antonio Reynoso are among a group of elected officials who want New York sports arenas and franchisees to pay more taxes to help the cash-strapped city get through the current economic crisis.
Nine city council members–including the three from Queens– have called on the governor and mayor to demand that arenas pay property taxes once fans are allowed back into sports stadiums.
The council members said that the sports arenas and franchises have benefited from an unbalanced tax system and have paid little into city coffers – despite relying on public services like mass transportation to help run their organizations.
As a result, they said, the city has lost out on billions of dollars over the past number of decades that have could have been spent on education, sanitation, and other public services.”