Thursday, January 31, 2013
Taxes Pay for The NFL, But City Can't Afford Police
Oakland, California, the fifth-most crime ridden city in America, faced a $32 million budget deficit in fiscal 2011. It closed the gap by shrinking its police force by 18 percent, shedding 138 officers including 80 dismissals.
Untouched was the $14 million that the city pays to stage 10 games a season for the National Football League's Oakland Raiders and to host Major League Baseball's Athletics in the O.co Coliseum. The funds include operations and costs related to a swap contract, and are supplemented by $10 million from surrounding Alameda County, based on data compiled by Bloomberg from public records."*
Taxpayers subsidize NFL stadiums and land, despite teams being privately owned by billionaires. The city of Oakland dumped millions into the Raiders, but couldn't pay for city police officers. What is happening to Oakland because of this? Cenk Uygur breaks it down
*Read more from Darrell Preston & Aaron Kuriloff/ Bloomberg:
http://www.bloomberg.com/news/2012-12-20/oakland-pays-17-million-for-nfl-raid...
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