The Billionaire Tax Trick Fueling Record-High Sports Valuations
The Joe Pomp Show
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Impact of Tax Provisions on Sports Team Valuations
This chapter explores the impact of a tax provision on the amortization of intangible assets for sports team owners and their lobbying efforts to maintain these benefits. It highlights the potential fallout from the removal of such tax breaks, including reduced team valuations and the financial burden placed on taxpayers.
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