ROLDO RIGHTS ON SELECTIVE AMNESIA…
2352 by Jeff Hess“Nothing is so admirable in politics as a short memory,” said the economist John Kenneth Galbraith.
This seems so appropriate for Cleveland this week.The city levies taxes without really knowing the consequences. Or caring.
They levy taxes without a vote. For hundreds of millions of dollars.
Doesn’t seem right, does it?
The brouhaha over the city’s admission tax that damages small entertainment outlets is a good example. It’s a small tax. With penalties and interest it can add up – in at least one instance – to $400,000. Mayor Jackson’s administration came up with that figure for the Beachland Ballroom, a hand-to-mouth small business.
Jackson needs the money to help another business – the Browns and billionaire owner Randy Lerner. Sounds unfair to me.
Back when the city wanted to build a stadium for the Cleveland Browns it seemed an easy tax to pass for City Council. Who could it hurt? Isn’t it just a matter of pennies?No. Big dollars, it turns out.
The Council passed a two-cent increase on an already high tax of 6 percent admissions tax. For the Browns.
The added tax goes to pay for bonds on the money-losing stadium.
How much? $1.2 million a year was the estimate. A total of $36 million over the term legislated. To insure bondholders of the city’s responsibility the legislation also called for ALL the city’s admission tax to be available if needed. Or $159 million Continue Reading »








