Americans For Prosperity To Oppose Taxpayer Funding of Atlanta Braves Cobb Co Move - Bad Deal Leveraging Taxpayers
ATLANTA – Americans For Prosperity Georgia, the nation’s premiere grassroots organization for promoting economic freedom and limited government, is launching efforts to oppose the taxpayer funding of the proposed Atlanta Braves stadium project in Cobb County. The chapter plans to organize email action alerts, activate its Action Center at www.AFPGeorgia.com [the Take Action tab at the top of the main page – click HERE] for letters to the commissioners and have grassroots presence at upcoming town hall and commission meetings in coalition with the Cobb Taxpayers Association.
“The Atlanta Braves don’t need to be going to local taxpayers to guarantee they’re making a profit. Billion-dollar enterprises like professional sports teams should pay for their own facilities and not bilk taxpayers in the dead of night simply because it’s faster than raising private capital and the down side risk is covered by the taxpayer,” said AFP Georgia Communications Director Joel Aaron Foster. “Americans for Prosperity activists will be making sure county commissioners know they oppose this waste of their tax dollars.”
The deal calls for $300 million dollars in taxes for Cobb residents including a 3 percent countywide car rental tax, an additional fee on the hotel-motel tax in the county and a new tax on property owners within the Cumberland CID, not to mention the on-going maintenance cost-sharing. The bulk of the funding comes from a reallocation of property tax revenues starting in 2017 to cover existing bond payments for 30 years. Historically, such bond deals have often caused a spike in millage rates to local property owners if the project doesn’t return on its projected revenues.
For interviews please contact Joel Aaron Foster at 770-315-4304 or email@example.com.