(C) ProPublica
This story was originally published by ProPublica and is unaltered.
. . . . . . . . . .
Explainers [1]
[]
Date: 2022-07
Pro sports teams pretty much always increase in value. But our tax laws allow the owners to claim that their teams’ assets lose value, lowering their tax bills through amortization. The government misses out on billions in revenue. Here’s how.
[END]
---
[1] Url:
https://www.propublica.org/video/categories/explainers
Published and (C) by ProPublica
Content appears here under this condition or license: Creative Commons BY-NC-ND 3.0.
via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/propublica/