Report: Tax Dollars Pay for Big Screens
A state tax incentive program is again the subject of controversy after a Houston television station reported that it was used to buy "big screens for billionaires."
According to a KTRK-TV (Channel 13) report, the Major Events Trust Fund was used in 2010 to buy an $8 million scoreboard for American Airlines Center as part of the effort to lure the NBA All-Star Game to Dallas in 2010.
Another $8 million bought a similar screen for the Toyota Center in Houston to help the arena prepare for the All-Star Game this weekend.
The METF is one of four trust ...
Comments (7)
Sergio Jaramillo via Texas Tribune on Facebook
gotta love the cronyism of "fiscal conservatism"
Anya Khan
Sergio you COULD have made a thoughtful comment. You COULD have made an honest one. You didn't. One of the senators MOST calling for an investigation of METF is a republican. Go away then come back.
Jim Vance
A case study in "Gaming the System 101"....
Cheryl Gonzales
How very sad. 8 million spent for men to watch other men play a game. We are in the days of "bread and circus" of ancient Rome.
Anya Khan
Cheryl, that should be men and women .....women are a rapidly increasing demographic in the sports market
Anya Khan
Cheryl, but the rest of the comment was spot on.
James Cartlett
How ironic.
Texas can't pay to maintain it's crumbling roads, yet it can spend billions of dollars of taxpayer money on big television screens?
Thank goodness I left that cesspool of a state and moved west to beautiful California, where we will have projected budget surpluses of up to $10-20 billion during the next several years and we lead the USA in job growth and creation.