
Sports Teams: 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.
Billionaires Win, We Lose
If a few sports walkouts can force change on the national level, imagine what an Amazon or Wal-Mart walkout could do.
The owners of sports teams make billions off low-wage stadium workers. With games suspended, those workers deserve help.
Driven by greed, Major League Baseball wants to kill 42 franchises in the towns that made baseball America’s pastime.