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Region spend money at an area stadium rather than at a movie theater or restaurant near the stadium, the stadium is not increasing export sales-it is simply shifting them. Import substitution occurs when a community keeps money that residents might have spent elsewhere. If residents choose to go to a local football stadium instead of an ... Doc Viewer
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Not raise the hotel tax from 12.5% to 16.5% to nance a proposed $1.8 billion new stadium. The State of Nevada is nancing the construction of a new football stadium in Las Vegas through a hotel room tax rate increase of 0.88 percentage points on rooms rented in nearby hotels. The extent ... Get Document
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