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TAX REVISIONS OF 2004 AND PRO SPORTS TEAM OWNERSHIP
dc.contributor.authorCoulson, N. edwarden_US
dc.contributor.authorFort, Rodneyen_US
dc.date.accessioned2011-01-13T19:38:48Z
dc.date.available2011-01-13T19:38:48Z
dc.date.issued2010-10en_US
dc.identifier.citationCoulson, N. edward; Fort, Rodney; (2010). "TAX REVISIONS OF 2004 AND PRO SPORTS TEAM OWNERSHIP." Contemporary Economic Policy 28(4): 464-473. <http://hdl.handle.net/2027.42/78613>en_US
dc.identifier.issn1074-3529en_US
dc.identifier.issn1465-7287en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/78613
dc.description.abstractTax law revisions of 2004 altered the “roster depreciation allowance” enjoyed by pro sports team owners. Supporters claimed this would practically eliminate costly legal oversight by the IRS and, ultimately, increase owner tax bills. Government officials and leagues remained silent on team value impacts but outside analysts argued they would rise by 5%. We model this policy change and investigate it empirically. Supporters in Congress were absolutely correct that owner tax payments should increase but outside analysts underestimated team value increases by half. No wonder Major League Baseball and the National Football League favored the revision. ( JEL D21, G38, H25, L83)en_US
dc.format.extent526430 bytes
dc.format.extent3106 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.publisherBlackwell Publishing Ltden_US
dc.titleTAX REVISIONS OF 2004 AND PRO SPORTS TEAM OWNERSHIPen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumFort: Program in Sport Management, University of Michigan, 1402 Washington Heights, Rm. 3150, Ann Arbor, MI 48109-2013. Phone 734-647-8989, E-mail rodfort@umich.eduen_US
dc.contributor.affiliationotherCoulson: Department of Economics, 508 Kern Graduate Building, Pennsylvania State University, University Park, PA 16802. Phone 814-863-0625, E-mail fyj@psu.eduen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/78613/1/j.1465-7287.2009.00192.x.pdf
dc.identifier.doi10.1111/j.1465-7287.2009.00192.xen_US
dc.identifier.sourceContemporary Economic Policyen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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