Major League Sports and the Property Tax
Major League Sports and the Property Tax: Costs and Implications of a Stealth Tax Expenditure
English | 2022 | ISBN: 303118789X | 322 Pages | PDF EPUB (True) | 4 MB
English | 2022 | ISBN: 303118789X | 322 Pages | PDF EPUB (True) | 4 MB
This book updates the public policy dialogue on major league sports facilities and the property tax in the US. By providing a rigorous treatment of the property tax within the context of major league sports facilities, this volume debunks the widely asserted claim that most major league teams do not pay property taxes. The chapters methodically lay out the property tax status of every activity major league facility, the actual worth of that property tax expenditure, and the impact of property tax exemptions on local public services. Using empirical data, the volume provides a foundation for informed policy making regarding major league sports facilities. As such, this book will be a useful tool for researchers and students in sports economics, sports management, public policy, and public finance, as well as practitioners involved in the policy process.