Thursday, November 2, 2017

A Corporate Tax Break That Needs to Go

11/2/17 Washington Times:
The GOP plan would prohibit professional sports stadiums from taking advantage of tax-exempt bonds, which state and local governments often float for important public works projects.
Generally used for roads, hospitals and the like, a number of communities have extended them to help out sports teams, usually as a way of enticing a team to stay in a community.
Municipal bonds are for government projects.  Why the NFL billionaires were allowed to enjoy this makes no sense.

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