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            | Topic: | 
            
                
                    Business
                
             | 
        
        
            | Number of pages / Number of words: | 
            
                6 / 1430             | 
        
                
    
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The luxury tax system affects the higher spending teams such as the New York Yankees and the Boston Red Sox. An argument against the luxury tax is that it does not bring smaller market teams closer to large market teams. "This form of revenue-sharing delivers about $8 million annually to the lowest-revenue teams, not enough to pull them much closer to their prosperous brethren...
        
        
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Teams like the Yankees, whose 2006 payroll was $194,663,079, and whose 2005 payroll was $208,306,817, are millions above the rest. The next closest team in both years was the Boston Red Sox, whose payroll was $74,563,255 less in 2006 and $84,801,692 less in 2005. The differences in those payrolls are greater than the total payrolls of sixteen teams in 2006, and 19 teams in 2005(Brown)...
        
        
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            General points of the essay
            
                                    A murky outlook for luxury goods
                                    Demand Elasticity of Luxury Automobiles
                                    Luxury Automobiles
                                    Luxury Selling: Strategies to sell Luxury Cars
                                    luxury car marketing
                                    Salary Caps, Luxury Taxes, and Revenus Sharing
                                    Argument- Salary Caps
                                    Being Unmarked Always a Luxury?
                                    In Defnese of Luxury
                                    Luxury fror less
                                    the necklace: luxury a want or need
                                    Luxury Marketing
                                    luxury brand
                                    The New York Yankees' 98 Season
                                    Noble Simplicity to the City of Luxury
                            
                    
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