The Home Team act would make sure that the spurs stay in my home district in San Antonio. And even when teams don't actually move, the threat of moving sets off a race to the bottom. Billionaire owners pit taxpayers against one another and then extort the government for billions of dollars. We see that right now in Chicago where Indiana taxpayers are now put in a competition against Illinois taxpayers to subsidize a team worth $8 billion. (01:45–01:52)
CLAIM
Asserts that billionaire owners exploit taxpayers and government for financial gain.
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