If you go... to the big stadiums where we are subsidizing commercial sports, $2 billion a year taxpayer subsidies to baseball, basketball, football a… - David Cay Johnston
" "If you go... to the big stadiums where we are subsidizing commercial sports, $2 billion a year taxpayer subsidies to baseball, basketball, football and hockey. All the new facilities have these luxury boxes. Most of them are owned by companies, almost all of them are, which are a tax deductible expense. You want to buy a ticket to a baseball game, you pay with your after-tax dollar. People in the luxury box, this is a business expense because they're entertaining clients, and so you're subsidizing this because they're getting a deduction, and... the subsidy payments that you're making for these new stadiums are being used also to create private walkways, so that the wealthy that go to these boxes don't have to mingle with the likes of you and me, and we're the ones who are putting up the money so that they don't have to be with us!
English
Collect this quote
About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
Also Known As
Birth Name:
David Cay Boyle Johnston
Alternative Names:
DC Report
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by David Cay Johnston
[O]ur Consitution... is designed to be slow and hard to change. It takes six years to get rid of all the scalawags in office today. ...[I]t's designed to be conservative, and it has a very interesting backstop. ...The has a second purpose... to have an ultimate backstop if the people went for a zealot, or a crazy person, to be president of the United States. ...[T]hat [the elector] would vote [his] conscious and say "No, the popular will here is wrong. This person will destroy our democracy."
Except for a handful of people, Peter Gosselin at the Los Angeles Times who's done some big series, and a few other reporters here and there, now and then, why is it that this issue of income redistribution and government taking from the many and giving to the few is not being reported widely. You are not reading about it in many, many, many newspapers around the country. I would think it would be one of the major things.
Limited Time Offer
Premium members can get their quote collection automatically imported into their Quotewise collections.
Loading...