Steinbrenner plans to lower Yankees payroll

[Drum]

4. Because I didn't know, & needed to check: Information on sports' Luxury Tax, as found on Wikipedia:

http://en.wikipedia.org/wiki/Luxury_tax_%28sports%29

My 2 cents:
I applaud this move by the Junior Steinbrenner (said as a Yanks fan--ever since I moved to NYC in '89) as it may quell some of the "Satan's Evil Empire" yada-yada-yada. BUT...I was interested to learn--no, I didn't know--that the Yankees' extravagances (along with those of other teams) forced them to contribute to some not-Yankees-centric funds and programs...IOW, things mandated by others.

It's an abstract and largely oblique question, but I respectfully ask the "haters" as well as the pure fans of the game and those in-the-know: is is better to achieve parity in payroll, if these taxes/levie$ are no longer there for other markets and for baseball development in general?

I ask respectfully...aware of my naivete on this matter, and without partisan bias.

-Drum