The Case Against Tax Breaks and Incentives

No Tax Breaks for the Bears: A Smarter Approach for Arlington Heights

Arlington Heights faces a critical decision regarding the Chicago Bears’ proposed development. While some argue for tax breaks and incentives to lure the team, the reality is that such giveaways do more harm than good. Instead of subsidizing billion-dollar corporations, we should focus on policies that ensure responsible development, benefit the community, and address housing affordability through intelligent land use strategies.

The Case Against Tax Breaks and Incentives

Tax incentives for sports teams have historically proven to be ineffective and costly. Studies show that stadium projects rarely generate the promised economic benefits, often leaving taxpayers to foot the bill while private developers profit. Arlington Heights should not fall into this trap. If the Bears want to develop, they should do so with their resources, contributing fairly to the city’s tax base like any other business.

A Land Value Tax (LVT) offers a smarter alternative. By taxing only the unimproved value of land, LVT ensures that landowners pay based on the community-created value of their property rather than the improvements they make. This discourages speculation, promotes productive development, and provides a steady revenue stream for public investments.

Smart Housing Development for Arlington Heights

Housing affordability remains a pressing issue, and any new development—whether on the Bears’ property or elsewhere—must serve a broad range of residents. To this end, Arlington Heights should adopt the following principles:

1. Market-Rated Housing with Fair Pricing
2. Economies of Scale and Medium-Density, Low-Rise Buildings
3. Inclusive Housing for a Variety of Households

The Bears’ Property: A Model for Smart Growth

If the Bears wish to develop their Arlington Heights property, it should align with principles that benefit the entire community, not just corporate interests:

• No Taxpayer Giveaways: The Bears must contribute their fair share of taxes without abatements or incentives.
• Transit-Oriented Design: Given the site's proximity to a train station, development should prioritize walkability, bike lanes, and public transit over expansive parking lots.
• Integrated Mixed-Use Development: Hotels, office spaces, and community amenities should complement the stadium, ensuring year-round economic activity.
• Green Spaces and Public Use: Parks and open areas should buffer residential neighborhoods, much like Ravinia or London’s Olympic Park.
• Avoid Competing with Downtown: The development should enhance, not undercut, Arlington Heights’ existing business district by avoiding standalone restaurant chains or entertainment venues that draw customers away from local businesses.

Why a Land Value Tax Is the Right Approach

By implementing a Land Value Tax, Arlington Heights can:

• Encourage productive land use by taxing speculation.
• Generate stable revenue for public infrastructure projects.
• Ensure fairness by making landowners pay for the community-created value of their property.
• Support housing affordability by reducing barriers to development.

Rather than subsidizing the Chicago Bears, Arlington Heights should focus on policies that create lasting economic benefits for residents. A Land Value Tax and smart housing policies will foster sustainable growth, ensuring that development serves the entire community—not just the wealthiest stakeholders.