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A proposal to build a publicly funded sports stadium in a major American city yield a wide range of statistical arguments. All of the following
A proposal to build a publicly funded sports stadium in a major American city yield a wide range of statistical arguments. All of the following statements are reasonably faithful to the same facts:
- The stadium would be paid for by raising the sales tax from 8.2 percent to 8.3 percent during a twenty-year period.
- The sales tax increase is one tenth of 1 percent.
- This increase represents an average of $7.50 per person per year about the price of a large special coffee drink and pastry.
- This increase represents $750 per five person family over the twenty year period of the tax.
- For a family building a new home in this city, this tax will increase building costs by $200.
- This is a $250 million tax increase for city residents.
How would you describe the costs of the proposed ballpark if you opposed the proposal?
How would you describe the costs if you supported the proposal?
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