Public subsidies for private purposes

William P. Osterberg

Economic Commentary, 1991, issue Apr

Abstract: A discussion of the use of municipal debt issues to fund publicly supported stadiums, focusing on the role of federal tax exemption as a hidden subsidy in reducing local funding costs and on the rationale for seeking public subsidies of private, local facilities.

Keywords: Municipal finance; Securities, Tax-exempt (search for similar items in EconPapers)
Date: 1991
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