In three weeks, residents in Arlington, Texas will be voting whether or not to allow the Dallas Cowboys to build a new stadium in their area. The proposal from owner Jerry Jones is to finance costs by raising sales tax in the area. It seems that the majority of the residents are against the idea of raising sales tax and believe that the billionaire should pay for the stadium himself.
Supporters say that it would give a huge boost to the struggling economy by making Arlington a year round destination. The team's campaign is ramping up as the date grows closer. Commercial ads of players planting flowers in city parks and paving roads to give the idea that the team will benefit the area.
It seems that the minimal increase in sales tax will be far outweighed by the benefits of the new stadium. Surely the economy will pick up and property value will probably increase substantially. Looking at the situation solely on economic benefits, the stadium seems like a great idea. However, if you aren't a sports fan or one of those who doesn't encourage change or growth, the stadium could have a very big downside.