I never understood why the little man was so adverse to the luxury tax idea even if it is punitive. This program shows that although a 10% rollback can save $133,000,000 right away. The actual savings combined with the luxury tax is only in the ballpark of $33,000,000. http://www.derzaphonline.com/msgbds/luxurytaxn.xls Yes there is no accounting for the effect of the deterrent of the tax (how do you calculate that). And yes there is an assumption that all tax money recieved by the teams under the cap will be spent on salary. But try it out it is very interesting to see the numbers. You can vary the cap level, tax rate and roll back amount.