Beth Van Duyne: “We really need to consider stronger independent verification…”

“When tax exempt municipal bonds subsidize these projects based on optimistic projections, federal taxpayers help underwrite outcomes that frequently fall short. As we examine sports industry tax rules, We really need to consider stronger independent verification of economic claims, greater accountability, and reforms to better align federal tax advantages with verifiable net public benefits. Mr. Coates, you've researched this extensively and you've expressed a lot of pessimism around whether these local economic benefits actually materialize. I'm interested in the case of the Dallas Cowboys.” (03:33–03:44)

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