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Sports Teams: Congress Needs To Demolish the Everlasting Tax Shelter for Billionaires

A perverse loophole allows owners of profitable teams—and their heirs—to lower their tax bills by claiming huge paper losses.

A perverse loophole allows owners of profitable teams—and their heirs—to lower their tax bills by claiming huge paper losses.


This content originally appeared on Common Dreams - Breaking News & Views for the Progressive Community and was authored by Sarah Anderson, Bob Lord.


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Sarah Anderson, Bob Lord | Radio Free (2021-07-13T15:28:11+00:00) Sports Teams: Congress Needs To Demolish the Everlasting Tax Shelter for Billionaires. Retrieved from https://www.radiofree.org/2021/07/13/sports-teams-congress-needs-to-demolish-the-everlasting-tax-shelter-for-billionaires/

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