Tampa ABC — Rays Looking for New Stadium

 

When teams request public funding for new stadiums, they often do so with the threat of relocating to a city that is eager for a team. These credible threats must be without a team (either never having one or recently lost one) and are willing to put up the money to support a team. With a credible threat in place, host cities are often left with the option of paying large public subsidies.

Last Leg — David Mitchell on Tax Avoidance

The Last Leg is a British comedy and late night television talk show similar to the Late Show or The Tonight Show in the United States. The economist David Mitchell was a guest one night and opted to talk about taxes, tax evasion, and tax avoidance. He notes that people who have a conscious and try to pay their “fair share” of taxes are actually being taxed at a higher rate than those who are trying to avoid paying taxes. This is backwards from the traditional notion that governments should use taxes to discourage bad behavior.

Thanks for the clip Chris Neill.

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