MLB pitcher Cole Hamels and his wife donated their massive mansion to charity this week.
Hopefully this deal will be a sign of Major League Baseball shifting away from its horrible tv blackout structure. Continue reading →
MLB season is beginning again and what also comes with that are teams using the tax code for taxpayers money. Continue reading →
When your team hasn’t been to the World Series in 19 years, the fan base is eager
Question: Which one do you think ESPN/Obama Administration gets more upset about: Continue reading →
No word if a stick of bubble gum came with the card…..via Economic Policy Journal:
A rare Topps 1952 Mickey Mantle rookie card sold at auction last week for more than $500,000.
Dallas-based Heritage Auctions said the pristine card sold for $525,800 to a collector who wanted to remain anonymous. A Heritage statement said the price set a record for a Mantle rookie card.
MLB baseball playoffs have started and that means tons of national media focused on teams. While the players
With the MLB season in full swing and summer coming on, let’s take a look at ticket prices to go see a ball game. Continue reading →
Whenever I see someone famous on TV talking about the need for higher taxes or claiming they enjoy paying taxes I always say, “Their accountant is laughing”.
Senator Tom Coburn issued a report showing exactly what I mean.
The tax code is so peppered with special giveaways that companies such as Facebook end up getting refunds, and high-profile athletes and artists use their tax-free foundations to give friends jobs while avoiding taxes — all leading to higher income tax rates for the rest of us, Sen. Tom Coburn charges in a new report being released Tuesday.
Here is a snapshot of what was found by his staff:
-Baseball owners are able to claim their players “depreciate” over time, the same way farms are able to claim their tractors depreciate
– Athletes and Hollywood stars who form tax-exempt organizations that they then use as tax shelters, throwing parties or paying employees’ salaries from the tax-exempt accounts while dedicating almost no money to charitable works.
-Kanye West’s foundation spent more than $1 million in 2009 and 2010 but “gave virtually nothing” to charity. Fellow performer Lady Gaga’s Born This Way Foundation raised $2.6 million but only gave away $5,000 in grants
You can read more via Washington Times