
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
The owners of sports teams make billions off low-wage stadium workers. With games suspended, those workers deserve help.