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Originally Posted by kgar311
I think beacuse you could generate the 19mil you need without going to the taxpayers. And stay out of the red.
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Again, where do you think the $19mm came from? The money came from taxes. Wether is be taxes from payroll, sales, real estate etc etc it came from some sort of tax.
Another thing I dont understand is why the NYRA is paying property tax. Most companies are exempt from property tax. I know Eli Lilly in Indy doesnt pay property tax but they have to employ a certain amount of people that live in a low income district.