Twins Fans Might Be Asked To Fund Vikings Stadium
ST. PAUL (AP) – If the Legislature approves public funding for a new stadium for the Minnesota Vikings, some of the biggest contributors to the effort could be Minnesota Twins fans.
The stadium bill introduced recently at the State Capitol offers a list of potential taxes, ranging from ticket fees to sales taxes in the community that hosts the team. Details remain vague, but a new Revenue Department analysis is clear on one thing: about 60 cents of every $1 the state pays for a stadium would come from one source: a 10 percent tax on sports memorabilia.
The vast majority of memorabilia tax revenue would come from the sale of Minnesota Twins merchandise — because that’s what sports fans are buying most.
(Copyright 2011 by The Associated Press. All Rights Reserved.)