Tag: Tom Benjamin

 

Someoen is pissed — and rightly so

Tom Benjamin is pissed off, and with good reason ladies and gentlemen. Here is politics at it’s worst and Pork Barrels in America also at it’s worst:

CC NHL Weblog

How does it work? In the United States the entire sports franchise is apparently a depreciating asset. Never mind that the franchise does not wear out like a building or a tangible asset. Never mind that history tells us franchises appreciate over time. Everybody will pretend they depreciate and if you have the money to buy an NHL hockey team in the United States, you get to write off the entire purchase price over 15 years.

Please read the full story on this…