To the Point
The Economics and Politics of the NFL
Will Sunday's Super Bowl be worth what it costs NJ taxpayers? Are subsidies for stadiums, operating costs and "inducement payments" enriching owners at public expense?
Will Sunday's Super Bowl be worth what it costs the taxpayers of New Jersey? Are local subsidies for stadiums, workout facilities, direct operating costs -- and "inducement payments" for staying in town -- enriching millionaire owners at public expense? We talk about that, and the Seahawks and Broncos. Also, President Obama signals that he's open to the GOP immigration plan, and memorializing yourself and your loved ones… online.
Banner image courtesy NFL
In this episode
3 storiesObama Signals He's Open to GOP Immigration Plan
This week's House Republican retreat on the Eastern Shore of Maryland may lead to a breakthrough on immigration reform. The emerging GOP plan would provide legal status to most undocumented immigrants, leading the way to legal permanent residence and a green card. Citizenship would not be guaranteed.
Read the story1 minNFL: the 'Nonprofit Football League'
The National Football League is a tax-exempt nonprofit — even though it makes $10 billion in revenue every year. Individual teams are taxed, but they're also heavily subsidized by states and cities across the country, enriching their wealthy owners.
Read the story36 minA Virtual Gravestone for Your Loved Ones
As the personal technology columnist for the Wall Street Journal , Geoffrey Fowler usually writes about smart phones and other digital devices. But earlier this month after unexpected e-mail "knocked the wind out" of him with the news that an old friend had passed away, he began surfing the net in a search for options for online memorials.
Read the story8 min