Understanding the Luxury Tax
The optimist sees bubbles and thinks of champagne. The pessimist thinks Alka-Seltzer. The fact of the matter is that everyone thinks the Dodgers are the richest organization in baseball and should sign an All-Star at every position because that is the recipe for a World Championship. If you believe that, you are either naive or very dumb… or both. First off, what is the Luxury Tax? Actually, it’s called the…