San Diego Chargers
NFL teams get assist from Goldman Sachs in dodging taxes

To the editor: The article quotes a sports economist who says the way investment bank Goldman Sachs structures deals to build stadiums like the one proposed for the NFL in Carson — by creating a public authority — saves the teams perhaps hundreds of millions of dollars by avoiding property and sales taxes. ("In stadium financing game, Goldman Sachs dominates," May 23) Why is this business scheme allowed when California cities and the state need this tax money to repair infrastructure and so much more? These teams certainly depend upon this infrastructure for the people to get to the stadium. Regularly we read reports of broken sidewalks resulting in huge payouts...