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A sports team is a business, all businesses deduct their costs in order to calculate the profit, on which they pay tax. That is exactly what is happening here.
by w0mbat 5y ago
A sports team is a business, all businesses deduct their costs in order to calculate the profit, on which they pay tax. That is exactly what is happening here. The biased snide tone of the article pretends their is something unusual about this and says right in the headline that taxes are being avoided. In fact the correct amount of tax is being paid, it’s millions and millions of dollars, and hundreds of people are being employed.
- ianhawes 5y agoProPublica is just working within the bounds of the tax returns that were stolen from the IRS.