Gaming the Tax Code: Public Subsidies, Private Profits, and Big League Sports in New York

Gaming the Tax Code: Public Subsidies, Private Profits, and Big League Sports in New York

Thursday, September 18, 2008
10:00 a.m.

2154 Rayburn
Washington D.C., 20515

This hearing will examine whether the use of the federal tax code to subsidize the construction of professional sports stadiums and arenas furthers the public interest. This is the third hearing held by the Subcommittee on this subject and the first hearing to examine alleged improprieties in the financing process of the new Yankee Stadium.

Witnesses for the hearing include:

PANEL I

Mr. Stephen Larson
Associate Chief Counsel
Financial Institutions and Products
Internal Revenue Service

PANEL II

Assemblyman Richard L. Brodsky
92nd Assembly District State of New York

Professor Clayton Gillette
New York University School of Law

Professor Brad R. Humphreys
Department of Economics
University of Alberta