Hoosier Holdup

All of a sudden, the state of Indiana is offering to open the bank to get the Bears to move somewhere in the northeast part of the state, traffic nightmares be damned. Oh, and this is a state that wants to “right-size” its Medicaid rolls. In today’s Tribune, the mayor of Arlington Heights said the team’s annual tax bill without the right to PILOT (payment in lieu of taxes) would be somewhere between $100-200 million. He envisions something more along the lines of the $9 million tax bill for the Rams’ SoFi Stadium. Good thing figures—and figurers—don’t lie. One question, though. If this is such a transformative project, why shouldn’t it be subject to taxes that reflect all that wealth generated?