There is certainly no shortage of king's pride in this thread. But there is a disturbing shortage of substance.
People keep mentioning the incredible regional benefit of a new basketball stadium in general, but nobody has actually listed any. And most of what people consider a "regional" benefit is merely a Downtown Sacramento benefit.
Hotel dollars will go to Sacramento
Food dollars will go to Sacramento
New businesses will be in Sacramento
Service Sector employment will be in Sacramento
Maybe the regional benefit is that the new business owners will probably live in Granite Bay?
Will there be "some" benefit to the region? Yes, some. Probably in the form of a day trip to gold country. Certainly not enough to justify asking "regional" taxpayers to pay 200% of the construction costs in the form of a 15 year shackle. This should be a City of Sacramento project.
And I have news for you. Basketball teams don't make world class cities out of cowtowns. If that were true, we'd already be there... how long have the Kings been in Sacramento already?
If you want to build a world-class city, you do it with arts and culture: Symphony, Theater, Ballet, Art, Music, night-life, Architecture, Riverparks.. Professional sports teams are an interesting subset, but not what you hang your future on. Just look at Oakland/LA/Oakland Raiders or even our beloved Maloofs to see how fickle sports franchises are -- raising the spectre of bailing if they don't get their way.
I know, its heretical to imagine a Sacramento without bowing at the feet of the Kings. But I can see it!
Sales taxes are insidious, and next to the Social Security tax, the most burdensome of regressive taxes.
And anyone who would pay twice as much for a product, should please visit my store.