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comment by cliffelam
cliffelam  ·  4140 days ago  ·  link  ·    ·  parent  ·  post: Spending taxpayer dollars on sports stadiums will not help Detroit | Michigan Radio

Bonds are a tax on citizens of the state. And watch out for that "private capital" - it's often paid for by guarantees, or easements on future revenue, etc.

If there's no capital, you can't do capital projects. Even smart ones (if this is smart).

-C