Monday, December 14, 2009

Looking to Double a Tax in Milwaukee

So let me get this straight...

With revenues down 20% this year, the Wisconsin Center District board on Wednesday will consider increasing the county-wide food and beverage tax from 0.25% to 0.50%.

Franklyn Gimbel, chairman of the district’s board, said Monday that the board was considering the action in order to meet its debt-service payments and pay its bills.

[...]

Also through August, event-room fees, the main source of income at the Midwest Airlines Center, totaled $2.49 million, more than $458,000 under budget. Concessions revenue and advertising revenue also were down.

...the enterprise is failing to attract enough business to meet projected revenues, so they want to double the tax to put more taxpayer dollars into the money pit?  May I suggest that they shouldn’t receive a single additional tax dollar until they show an ability to run the place well?

(2) Comments
Posted by Owen at 2036 hrs
Politics + Politics - Wisconsin