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2004 Regression MLB
Essay specific features
Written by:
David S
Date added:
November 22, 2013
Level:
University
Grade:
A
No of pages / words:
3 / 639
Was viewed:
7887 times
Rating of current essay:
Essay content:
In subsequent years, the tax rate rises for second and third time offenders. The luxury tax can be seen as a weaker form of a salary cap. With a normal salary cap, no team is permitted to exceed the cap, but with the luxury tax, teams may choose to exceed the tax threshold as long as they are willing to pay the tax...
displayed 300 characters
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The idea is that teams will be less apt to have a higher payroll with the threat of giving up a chunk of their money to the league and lower revenue teams will get support from those who do. However, the luxury tax can be flawed. If teams have enough money, they can still spend as much as they want as long as they are able to pay the tax...
displayed 300 characters
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