We already know Nationals Park in D.C. has been an economic non-starter, and now it’s going to cost Beltway taxpayers even more money. From the Wa Po:
Fed up with the Nationals’ failure to pay $3.5 million in rent, eight D.C. Council members proposed legislation this week to capture more revenue another way: increasing the sales tax by 5 percent for most items sold at the new ballpark in Southeast Washington.
The Nats’ rationale is that the stadium wasn’t fully operational by Opening Day, so they’re squatting. Actually, they’re doing more than that: they’re demanding from the City payments totaling $100,000 a day, backdated to March 1. Let us remind you that this is, in essence, a private entity’s place of business that was built with more than $600 million in public monies.
Truly, the thirst for corporate welfare is an unquenchable one.