@danholyo@Suntimes The framework is at the stste level,but the local governments need to pass those tax increases. I never said they wouldn't. But those are factually multiple things that have to happen that have not yet. The deal cannot officially be signed until those happen.
@danholyo@Suntimes Yes, to activate the new taxes that will pay for and finance the stadium. The state authorized the local govt's to do so, but they still have to decide to do so and pass their local bills.
@danholyo@Suntimes You are factually wrong. Literally go to Google and type "Will Hammond have to have to pass local taxes to fund the Bears stadium" and you'll see multiple taxes, not yet passed, that need to for funding.
@JorgeGuapo22@chicagobars@reesetheone1 They are literally talking about a multi-billion remodel of that stadium. That era of stadiums are coming to the end of their (NFL economic) life cycle.
@chicagobars@reesetheone1 Soldier Field did its job. Stadiums built from scratch in that era are needing giant rebuilds or completely moving beyond them. The remodel, with significant limitations, gave 25-30 years. That's a pretty solid success.
@danholyo@Suntimes No it does not. The state bill AUTHORIZES local governments to raise taxes for the stadium. But those local governments still have to actually pass bills to raise the specific taxes.
@chicagobars I don't understand how so many "IL has taxes way too high," "we're brok," and "anti-big government" people now want the state to give massive handouts to an organization that doesn't need it to be MASSIVELY profitable.
@chicagobars I kinda thought St.Louis may be where they'd land up, but I wonder if St.Louis is blacklisted by the league for what they did in the Rams aftermath.