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01-28-2013, 03:44 PM
  #277
Replacement
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Quote:
Originally Posted by Booya42 View Post

4 times as much as the current ticket tax huh? You forgot the "IMO" again Replacement - unless you have some proof to back up your "grandstanding". You really expect Katz to go from 4 million generated per year from the ticket tax to over 16 million in 9 years?

The ticket tax is already at roughly 7% per ducat and has been for a while -

http://www.cbj.ca/business_news/cana...ton_arena.html

- This above quote is old of course, and now we know that it's being contributed towards the costs of the arena to the tune of $125 million.

The current tax brings in approximately 2M/yr. as per an article on Friday.

http://www.globaltvedmonton.com/nort...541/story.html


Quote:
That means when the new arena opens, Northlands will lose the roughly $2 million a year it gets from the current ticket tax,
This is a fraction of what the new surcharge must bring in.

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