Annotated Bibliography Five: “Georgia Senate Gives OK to Super Bowl Tax Breaks”

Salzer, James. “Key Georgia Senate Panel Gives OK to Super Bowl, Shopping Tax Breaks.” AJC. The Atlanta Journal-Constitution, 2 Mar. 2016. Web. 6 Mar. 2016. <http://www.ajc.com/news/news/state-regional-govt-politics/key-georgia-senate-panel-gives-ok-to-super-bowl-sh/nqcNQ/>. Because the Atlanta Falcons invested in building the new Mercedes-Benz stadium which cost over $1.5 billion, they put in a bid to the NFL to be considered to host the Superbowl. In efforts to further persuade the NFL, Governor Nathan Deal, Atlanta Mayor Kasim Reed and the Atlanta Sports Council proposed a bill to the Georgia Senate to have sales taxes on tickets to the big game waived. Tax breaks in the past have proven beneficial to our city as they have often created jobs and generated plenty of business for retail stores. The Georgia House and Senate assessed the pros and cons of offering tax breaks on super bowl tickets and found that it would cost the state and city $10 million but having the game in Atlanta would bring in over $400 million as estimated by economists. Because this bill is so broad it could also cover large sporting events such as Final Four games. This bill will possibly allow the city to have more economic growth and prowess through tax breaks on Superbowl...
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