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Carol Miller: “But what if another country's investing in there? Do they…”

Featuring: Carol Miller, Republican | U.S. House West Virginia, District 1

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Carol Miller Sounds The Alarm On Sovereign Wealth Funds' Potential Influence On College Sports

Published | Video Starts at 04:35

… financed with increases in sales taxes, lottery revenues, sin taxes, a variety of other methods to generate the funds to pay the bonds. But what if I mentioned Saudi Arabia, But what if another country's investing in there? Do they get advantages not be taxed the same way? I'm not a tax accountant or a tax lawyer. So what I would say is the investment that Saudi Arabia or anybody might do is to become a partial owner … (04:35–04:44)

CLAIM

Questions whether foreign investments in sports receive different tax advantages compared to domestic investments.

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