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.
Law and Economics | Taxation-State and Local | Tax Law
Date of this Version
Edward J. McCaffery, "What Sports Can Teach Tax Policymakers: Lessons from the Luxury Tax" (May 2012). University of Southern California Law and Economics Working Paper Series. Working Paper 147.