NEW BASEBALL STADIUM AUTHORIZATION AND FINANCING, would, if passed, extend an existing 0.5 percent sales tax, a two percent hotel occupancy tax, a five percent rental car tax, and a tax on baseball tickets to fund construction of a new $1 billion baseball stadium for the Texas Rangers. If approved, the new stadium would replace Globe Life Park, which was built a mere 22 years ago – relatively new by Major League Baseball standards. According to a 2016 Forbes study, the Texas Rangers are worth approximately $1.25 billion. Extending regressive taxes to subsidize wealthy baseball teams is ill-conceived. Hotel and rental car taxes will make the city less attractive for tourism, while the extra sales tax would encourage cost conscious shoppers to look to neighboring cities.