Benson makes Forbes billionaire list with $1.2 billion fortune

Danno · 03-05-2013, 04:31 PM

Originally Posted by xan

Yeah! Where's my money?

The TEA party is trying their best to give it back to you Xan.

Beastmode · 03-05-2013, 02:27 PM

I get your point Danno but I'm willing to try other options despite the political culture. Giving it to the richest person in the state with the promise of marginal gains at best...no thanks. I know we can do better and it's not that hard! It's really not.

One scenario, take the money and work towards making New Orleans one of the safest travel destinations in the country. Bring in the best of the best and hold them accountable. I talk to people all the time and it's a major concern. They don't want to come down because of the crime.

Danno · 03-05-2013, 02:29 PM

Originally Posted by Beastmode

I get your point Danno but I'm willing to try other options despite the political culture. Giving it to the richest person in the state with the promise of marginal gains at best...no thanks. I know we can do better and it's not that hard! It's really not.

One scenario, take the money and work towards making New Orleans one of the safest travel destinations in the country. Bring in the best of the best. I talk to people all the time and it's a major concern. They don't want to come down because of the crime.

How do you know about "marginal gains at best"?

What was the projected ROI?

Beastmode · 03-05-2013, 02:42 PM

Originally Posted by Danno

How do you know about "marginal gains at best"?

What was the projected ROI?

There are studies regarding the impact of pro teams on cities. I'm not going to bust out an arsenal of references but from what I have read, it ain't all that great. It just isn't. Some reports have compared it to a single big box store.

TheOak · 03-05-2013, 03:18 PM

Originally Posted by Beastmode

There are studies regarding the impact of pro teams on cities. I'm not going to bust out an arsenal of references but from what I have read, it ain't all that great. It just isn't. Some reports have compared it to a single big box store.

With out the Saints this would not happen.
"The total, $434 million, has risen from the estimates of $249 million for the 1997 New Orleans Super Bowl and $299 for the 2002 New Orleans Super Bowl. In 2013, the spending could generate $26 million in tax revenue for local and state agencies."
Super Bowl 2013 reverberating through the New Orleans economy | NOLA.com

What would the Dome look like Post Katrina with out the Saints?

Here is a bit of what you are looking for
http://www.uwlax.edu/faculty/anderso...s/stadiums.pdf

Lets not ignore the Motel rooms, restaurant and bar tabs generated for home games.

And you said economic impact is probably a single digit number or percentage? Remember All revenues are taxed at the State level also. Including Players income along with Toms.

xan · 03-05-2013, 03:50 PM

Wow, talk about walking into the deep end of the pool with this topic. I'm brave and opinionated, but not that brave. There's too much missing information from this picture to even begin to talk like an idiot, much less intelligently.

However, it should be noted that any non-government agent who receives tax supported funds is subject to oversight by that funding agent. If Mr. Benson doesn't deliver, his governmental "partners" will either genuflect at his incompetence or truly investigate.

Beastmode · 03-05-2013, 03:54 PM

Again, I have no problem with Benson earning as much money as he possibly can. Doing it with tax dollars however is another story. He does not need the incentives and can manage insanely well without it. He's the richest person in the entire state of La. If politicans waste the money or steal it, that's an entirely different set of circumstances that should be dealt with by voters but there are better options. It's our responsibility to hold them accountable and create those options.

If you want to hand over tax dollars to Benson to keep this huge economic boom we have all been rolling in since the early 70's due to the infusion of pro sports then I honestly want to purchase a few dozen of the primo creeper wheat brownies you are consuming.

Beastmode · 03-05-2013, 04:46 PM

A lot of good discussion on here and I appreciate it. I get every point that has been made so far and I don't think anyone believes Benson's net worth is wrong, in fact, it's the opposite. I hope he makes another Billion.

My only concern is the notion of defeatism which is acceptance of defeat without struggle. I want more of a struggle to create a better situation for the economy of La. I love the state. The people, the food, the culture. I've been around the world and La has something really unique and I want to see it survive, thrive, and I want it preserved.

NOLA54 · 03-05-2013, 04:58 PM

I wonder how much he gets in tax breaks. I pay almost 40% in taxes & I am a regular working lady. I'm not a millionaire & certainly not a billionaire.

Danno · 03-05-2013, 05:35 PM

Originally Posted by NOLA54

I wonder how much he gets in tax breaks. I pay almost 40% in taxes & I am a regular working lady. I'm not a millionaire & certainly not a billionaire.

Why are you so concerned with what he pays?

Sounds to me like you should be more concerned with having to pay 40%.

I take it you did NOT vote for Obama then?

BTW if you pay 40% income tax, you make over 400,000 per year. Very Nice. Good work. I hope to be there soon.

03-05-2013, 04:31 PM	#1
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Originally Posted by xan Yeah! Where's my money? The TEA party is trying their best to give it back to you Xan.

03-05-2013, 02:27 PM	#2
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Re: Benson makes Forbes billionaire list with $1.2 billion fortune I get your point Danno but I'm willing to try other options despite the political culture. Giving it to the richest person in the state with the promise of marginal gains at best...no thanks. I know we can do better and it's not that hard! It's really not. One scenario, take the money and work towards making New Orleans one of the safest travel destinations in the country. Bring in the best of the best and hold them accountable. I talk to people all the time and it's a major concern. They don't want to come down because of the crime.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

03-05-2013, 02:29 PM	#3
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Originally Posted by Beastmode I get your point Danno but I'm willing to try other options despite the political culture. Giving it to the richest person in the state with the promise of marginal gains at best...no thanks. I know we can do better and it's not that hard! It's really not. One scenario, take the money and work towards making New Orleans one of the safest travel destinations in the country. Bring in the best of the best. I talk to people all the time and it's a major concern. They don't want to come down because of the crime. How do you know about "marginal gains at best"? What was the projected ROI?

03-05-2013, 02:42 PM	#4
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Originally Posted by Danno How do you know about "marginal gains at best"? What was the projected ROI? There are studies regarding the impact of pro teams on cities. I'm not going to bust out an arsenal of references but from what I have read, it ain't all that great. It just isn't. Some reports have compared it to a single big box store.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

03-05-2013, 03:18 PM	#5
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,055	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Originally Posted by Beastmode There are studies regarding the impact of pro teams on cities. I'm not going to bust out an arsenal of references but from what I have read, it ain't all that great. It just isn't. Some reports have compared it to a single big box store. With out the Saints this would not happen. "The total, $434 million, has risen from the estimates of $249 million for the 1997 New Orleans Super Bowl and $299 for the 2002 New Orleans Super Bowl. In 2013, the spending could generate $26 million in tax revenue for local and state agencies." Super Bowl 2013 reverberating through the New Orleans economy \| NOLA.com What would the Dome look like Post Katrina with out the Saints? Here is a bit of what you are looking for http://www.uwlax.edu/faculty/anderso...s/stadiums.pdf Lets not ignore the Motel rooms, restaurant and bar tabs generated for home games. And you said economic impact is probably a single digit number or percentage? Remember All revenues are taxed at the State level also. Including Players income along with Toms.
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

03-05-2013, 03:50 PM	#6
xan Professor Crab and Site Donor 2014 Join Date: Oct 2004 Location: Princeton Posts: 3,373 Blog Entries: 34	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Wow, talk about walking into the deep end of the pool with this topic. I'm brave and opinionated, but not that brave. There's too much missing information from this picture to even begin to talk like an idiot, much less intelligently. However, it should be noted that any non-government agent who receives tax supported funds is subject to oversight by that funding agent. If Mr. Benson doesn't deliver, his governmental "partners" will either genuflect at his incompetence or truly investigate.

03-05-2013, 03:54 PM	#7
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Again, I have no problem with Benson earning as much money as he possibly can. Doing it with tax dollars however is another story. He does not need the incentives and can manage insanely well without it. He's the richest person in the entire state of La. If politicans waste the money or steal it, that's an entirely different set of circumstances that should be dealt with by voters but there are better options. It's our responsibility to hold them accountable and create those options. If you want to hand over tax dollars to Benson to keep this huge economic boom we have all been rolling in since the early 70's due to the infusion of pro sports then I honestly want to purchase a few dozen of the primo creeper wheat brownies you are consuming.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

03-05-2013, 04:46 PM	#8
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Re: Benson makes Forbes billionaire list with $1.2 billion fortune A lot of good discussion on here and I appreciate it. I get every point that has been made so far and I don't think anyone believes Benson's net worth is wrong, in fact, it's the opposite. I hope he makes another Billion. My only concern is the notion of defeatism which is acceptance of defeat without struggle. I want more of a struggle to create a better situation for the economy of La. I love the state. The people, the food, the culture. I've been around the world and La has something really unique and I want to see it survive, thrive, and I want it preserved.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

03-05-2013, 04:58 PM	#9
NOLA54 1000 Posts + Join Date: Jan 2010 Posts: 1,708 Blog Entries: 1	Re: Benson makes Forbes billionaire list with $1.2 billion fortune I wonder how much he gets in tax breaks. I pay almost 40% in taxes & I am a regular working lady. I'm not a millionaire & certainly not a billionaire. Beastmode likes this.

03-05-2013, 05:35 PM	#10
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Benson makes Forbes billionaire list with $1.2 billion fortune Originally Posted by NOLA54 I wonder how much he gets in tax breaks. I pay almost 40% in taxes & I am a regular working lady. I'm not a millionaire & certainly not a billionaire. Why are you so concerned with what he pays? Sounds to me like you should be more concerned with having to pay 40%. I take it you did NOT vote for Obama then? BTW if you pay 40% income tax, you make over 400,000 per year. Very Nice. Good work. I hope to be there soon.

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