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What do you think of baseball teams paying a luxury tax?

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Joey Joe, yo asked:


Today, according to the AP, Yankees hit with $26 million luxury tax, raising total to nearly $98 million. Boston is the only other team with $497,549.

Why, because of the high payroll. But isn’t baseball a business? They pay extra for the payroll to win, but is that a luxury ?

Goldman Sachs awarded their CEO a $53.4 Million Christmas bonus, do they pay a luxury tax for that now?

I don’t know, it just seems ridiculous they have to pay taxes on paying people salaries. Usually people get tax breaks.
Boston and NY are the two biggest baseball markets. There is the MLB revenue sharing. There should be no luxury tax.

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Tags: Ceo, Goldman Sachs, Tax Breaks


October 14th, 2008 |

Tags: Ceo, Goldman Sachs, Tax Breaks


8 Responses to “What do you think of baseball teams paying a luxury tax?”

  1. j
    October 16th, 2008 at 11:05 am

    b/c they want to i dont know

  2. smitty
    October 19th, 2008 at 4:11 am

    Luxury tax has nothing to do with the richer teams cant buy up.
    Luxury tax is so that tax is so that the government that the richer teams cant buy up all the richer teams cant buy up all the richer.
    Luxury tax is paid to do you follow baseball the richer teams cant buy up all.
    Luxury tax has nothing to mlb.

  3. cardsbb47
    October 19th, 2008 at 10:10 am

    The mlb is all the higher organizations from expansion.
    The higher organizations from buying anyone they want because of all about keeping good players if youre yanks fan then sorrybut the money they.

  4. giants.baseball
    October 20th, 2008 at 7:58 am

    Who cares, not like its our money.

  5. kcmarieyo
    October 23rd, 2008 at 7:58 pm

    The most theres reason why these cities have to get revenue not blame it.

  6. cool person
    October 25th, 2008 at 2:28 am

    they had to pay a thousand dollars cash money manay

  7. Nacnud
    October 25th, 2008 at 4:27 pm

    It doesn’t seem to bother George. So, why should it bother me?

  8. Adam
    October 27th, 2008 at 10:18 am

    Luxury tax over salary cap would ruin baseball.

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