Tuesday, February 23, 2010
The Dodgers' Poison Debt Pill?
Update: Michael Hilzik proves that the Bill Plaschke disease is not confined to the sports desk. Not only is the Times' business columnist apparently unaware that "not paying taxes in 2010" is not the same as "not paying taxes on anything, ever", he manages this feat despite this being his beat. Must bloggers explain everything to every benighted Times columnist, or is there some limit to the ignorance that parades itself as populism over there? Frank is playing a game of high-stakes poker with the IRS and the next owner of the Dodgers, who will almost certainly have to pay a premium for the team to recover all this salary he's paying himself when it comes due at the time the team's sold.