It’s a question worth asking since one of Cory Merrifield’s favorite talking points about the Vikings stadium corporate wilfare plans he’s supported has been that they wouldn’t rely upon general fund dollars. It’s a painfully twisted argument, since money from a Racino could obviously go to the general fund rather than to Zygi Wilf’s bottom line, but let’s assume that that actually makes sense for a second.
For example, last month Save The Vikes endorsed the White Earth Band’s plan to give more than half a billion dollars to Zygi Wilf that they would extract through slot machines. In that endorsement, Save the Vikes quoted Cory Merrifield regarding funding schemes:
Merrifield commented on his views of the most recent funding plan stating, “SavetheVikes.org supports this solution for the same reason we continue to support Racino-It is self sustainable, creates jobs and keeps the Vikings in Minnesota without a sales, property or general fund tax increase.”
Correct me if I’m wrong, but the current plan seems to involve:
1. Extending a convention center construction funding tax that would otherwise sunset in Minneapolis. 1. Repurposing an existing sales tax to subsidize Zygi Wilf’s bottom line.
2. Expand gambling in the state in order to increase gambling taxes.
3. Extract money from the general fund, as the stadium bill clearly describes:
Section 1. [16A.965] STADIUM APPROPRIATION BONDS.
25.18 Subdivision 1. Definitions. (a) The definitions in this subdivision and in chapter
25.19473J apply to this section.
25.20(b) “Appropriation bond” means a bond, note, or other similar instrument of the state
25.21payable during a biennium from one or more of the following sources:
25.22(1) money appropriated by law from the general fund, including, without limitation,
25.23revenues deposited in the general fund as provided in articles 4 and 5, in any biennium for
25.24debt service due with respect to obligations described in subdivision 2, paragraph
This seems to go against one of Save the Vikings’ main talking points. While exploiting gamblers by adding slots to Canterbury would clearly be a new tax, expanding pulltabs in the state in order to provide Vikings stadium corporate wilfare not only increases taxes, it puts money into the general fund which would then be raided for a New Jersey businessman’s benefit.