We may still be digging out of a recession, but at least somebody's income is doing well. The City's arena tax is off to a good start. It may even be on track to pull in 10% more than expected over the first year. I can hear you all cheering.
Think about it this way: if the tax pulls in more money than expected, it means the City was conservative with its estimates. On a project as huge as the arena, conservative estimates are a very good thing. The last thing we want is to have City officials come crawling to us a couple years from now begging for more taxpayer assistance. That wouldn't be good for anyone.
I'm very curious to know which "of the bigger O Street bars sent the City only $10" from January's sales. That's a good way to get your business noticed in all the wrong ways. I wonder if it means they forgot to collect the tax, or if it's a not-so-subtle act of protest?
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