Correct, no city-level income tax in Chicago, just state. That said, Chicago, nor Illinois is so flush with cash that they can afford to lose the millions that alone brings in. That was the point and that is just one piece of the economic generation engine the Bears are.
Arlington paid back their public debt 10 years early. Allegiant here in Vegas is one of the Top 3 grossing stadiums in the country with all of the other events they do outside of football. Inglewood has completely been transformed by the SoFi district although it has received scrutiny that it has now become gentrified. Before it though, you didn't drive through the area at night unless you were looking for hookers, drugs, or trouble.
If Illinois ends up fucking this up, this could potentially revitalize whatever NWI area they pick and that area needs a LOT of help. I still remember working in Gary and being stopped at 4pm by my site host because I was white. "Sweetie, I need you out of town by 5pm or I won't be able to sleep tonight."
I'm more in the camp of NOT using public tax dollars to subsidize billionaires plans/goals of growing THEIR empire with tax dollars - be they federal, state or local.
IF these characters are SUCH great business minds, they'll make it work -- I don't mind taxing entities to stream line the permitting process, cap permit costs at a flat cost (varies by locale) and work to improve infrastructure to/from/around a new site
I'm not tracking the Bears NEED a new stadium inasmuch as WANT a new stadium -- was the reno from 2004? no poorly constructed that it's in DESPERATE need for new? Or does "new" ownership, want a new shinier stadium where they wring EVERY penny out of a guest/visitor/partner?
