What Sports Can Teach Tax Policymakers: Lessons from the Luxury Tax
USC Law and Economics Research Paper No. C12-6
USC Legal Studies Research Paper No. 12-10
7 Pages Posted: 15 May 2012
Date Written: May 15, 2012
Luxury taxes are increasingly used by major sports leagues, such as Major League Baseball and the National Basketball Association, to raise revenue and affect behavior. This brief article lists three lessons that general tax policy can take from the sport world’s taxes, helping to make the case for a progressive spending tax on a national scale.
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