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Written Assignment #5 was about sports stadiums and monopoly power. In your opinion should local governments implement taxes

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Government should implement taxes on sports franchise.due to the internal revenue service rule the sports franchise owners lack on savings tax.sports franchise take debt for their requirements and exemption of tax helps in reducing the interest to be paid on debts.the Internal revenue service stated an exemption to all sports team playing professional wise.most of the stadiums pay taxes and issue bonds and securities to public . federal government have started subsidy on the stadium.

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