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Nets' Tax Payments Part of Economic Impact of New Arena

The state and city taxes paid by Net players--and even some paid by visiting players--are listed as positives in the New York State analysis of the economic impact of the team's move to Brooklyn. The state figures that 70% of the team and its high paid executives will live in New York after the move...very few do now. Overall, tax revenues from people working at the Atlantic Yards figure to be a big part of the project's economic advantage. Critics say the state hasn't subtracted the huge costs.