Conspicuous consumption, pure profits, and the luxury tax... Within the context of this model, an appropriately designed luxury tax is a non-distortionary tax on pure profits.
The impact of the luxury tax on competitive balance in major league baseball... As more is focused on the growing disparity between large market and small market teams, one must ask whether the luxury tax, as implemented by Major League Baseball, has had its intended effect....
Has the luxury tax made baseball more competitive?... As more is focused on the growing disparity between large market and small market teams, one must ask whether the luxury tax, as implemented by Major League Baseball, has had its intended effect....
The impact of the luxury tax on competitive balance in major league baseball... As more is focused on the growing disparity between large market and small market teams, one must ask whether the luxury tax, as implemented by Major League Baseball, has had its intended effect....