Wednesday’s [12/27/06] Wall Street Journal featured a piece in its Marketplace section titled “Tax Breaks for Skyboxes” [full article here]. The article by Daniel Golden focused on convertroversy around tax breaks that the donors receive for leasing the boxes from universities and it focused on the biggest of the recent college renovation plans: The Big House.
Here’s an interesting quote from U of M regent Laurence Deitch, although I’m not sure what this has to do with taxes:
Opponents of Michigan’s renovation doubt the university will find enough customers for its luxury suites, where alcohol will be banned. “Why pay a whole bunch of money, drive up to Ann Arbor, sit behind a glass wall and not be able to get a beer,” says Laurence Deitch, one of two regents on the university’s eight-member board who voted against the plan last month. “I think I’d stay home.”