Week in Insights: No Property Tax for Athletics’ Vegas Stadium

July 2, 2023, 2:00 PM UTC

If you’ve been following baseball at all this season, you know the two main storylines: Luis Arraez’s quest to bat 0.400 and the Oakland Athletics’ now seemingly inevitable move to Las Vegas. If your connection to baseball is tax, you’re likely just thinking about the $120 million in tax-exempt public financing for the new stadium.

Lost in much of the reporting, or at least not highlighted, is the fact that the owners of the stadium would owe no property tax on the stadium and land under it. The current form of the bill doesn’t mention a time limit on the ...

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