A few of the tax breaks to the sports and entertainment industries/stars noted in a 300 page report noted that celebrities can a create a tax free/charitable foundation to create jobs to funnel money to family members. And the a baseball team owner can depreciate a player.
http://www.washingtontimes.com/news/2014/dec/9/tom-coburn-tax-breaks-exploited-by-wealthy-athlete/
Hate to see Representative Coburn go because he seems to be the only one willing to deal with this issue. Over the last few years he has also pointed out things like the NFL is a non profit organization not having to pay taxes.
http://www.washingtontimes.com/news/2014/dec/9/tom-coburn-tax-breaks-exploited-by-wealthy-athlete/
Hate to see Representative Coburn go because he seems to be the only one willing to deal with this issue. Over the last few years he has also pointed out things like the NFL is a non profit organization not having to pay taxes.