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#25
06-21-2015, 12:33 AM
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I remember back in the late 1990's that I was told Philadelphia Park had never paid any US taxes. I was told that they were in such dire straits they had to take an 18% mortgage and the the only one who would do that was the cousin of the Lebanese owner. This Lebanese owner, to my knowledge, has never seen PARX. Bob Green doesn't own PARX.
He took this huge tax deduction and sent millions back to Lebanon for years and years. And the PTHA stood by and bought in. That's the real story. 
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