Squeeze play: tax handouts for sports zillionaires - great idea!

ReasonVol. 30 Nbr. 3, July 1998

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Summary


Public financing of new stadiums is not an entirely feasible idea because it allows multimillionaires to get even richer at the expense of taxpayers. The ethics of the practice should also be considered along with the economic benefits to be reaped by the stadium.

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Squeeze play: tax handouts for sports zillionaires - great idea!

Ah, the national pastime. Baseball is enjoying a fine season, spurred on by the expansion of both leagues, a fortuitous act that welcomes the civilized sport to new venues and, incidentally, calls up a pride of eager young minor league pitchers to the Big Show. Small wonder that...

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