#Latest news with #sportsownersBloomberg17-05-2025BusinessBloombergCostly Loss for Sports Team Owners Embedded in Trump Tax BillThe owner's box could soon be less opulent. A lucrative tax break that sports team owners can use to shelter billions of dollars of income would be halved in value under House Republicans' draft legislation to enact Donald Trump's signature tax plan.
Bloomberg17-05-2025BusinessBloombergCostly Loss for Sports Team Owners Embedded in Trump Tax BillThe owner's box could soon be less opulent. A lucrative tax break that sports team owners can use to shelter billions of dollars of income would be halved in value under House Republicans' draft legislation to enact Donald Trump's signature tax plan.