In a staggering move by the New York Yankees, the tax payers of New York are being asked to pony up $259 million in tax-free bonds and an additional $111 Million dollars in traditional financing to finish their new stadium.
This news of course comes after the Yankees decided to buy 223 million dollars worth of players for this years roster. Forbes reported that last year the Yanks actually lost 47 million dollars.
Some New Yorkers are wavering from their diehard fanship when faced with such a new tax. Especially one that comes at such a shaky time in the American economy, one has to ask, is this really the time for a baseball tax?