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| NFL tax exempt? | |
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| Tweet Topic Started: Oct 28 2013, 02:18 PM (40 Views) | |
| IUCOLTFAN | Oct 28 2013, 02:18 PM Post #1 |
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Coach
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http://t.nbcnews.com/business/legal-procedure-critics-cry-foul-nfl-defends-nonprofit-status-8C11412804 So the owners get the taxpayers to fund stadiums, security, etc and then their due to their "promoter" are tax exempt? I agree that these teams bring these cities huge revenues and the owners pay their fair share of taxes in many ways but why is the NFL considered a non-profit? If your "CEO" (Goodell) makes the kind of money that he does, how are you a non-profit? That seems shady as hell. |
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| HoosierLars | Oct 28 2013, 03:18 PM Post #2 |
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3 in a row
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If a corporation gives all of its profits to the employees, it is technically a "non-profit." It's one of the most misleading terms I can think of, right up there with the "Affordable Care Act." |
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| IUCOLTFAN | Oct 28 2013, 04:17 PM Post #3 |
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Coach
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I love how they spent 36 million for offices yet we should applaud them for giving 10K to The March of Dimes? "Dr. Coburn's main concern isn't with the NFL but with politicians in Washington who are keeping tax rates for every American artificially high to pay for tax earmarks for sports leagues and other special interests," said John Hart, a spokesman for Coburn. "In other words, tax earmarks are a tax increase for everyone who doesn't receive the benefit. In this case, every American pays a little more in taxes to provide an indirect subsidy to professional athletes and team owners. This exemption underscores the need for tax reform." Definitely more than one way to look at it. |
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| brumdog44 | Oct 28 2013, 05:10 PM Post #4 |
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The guy picked last in gym class
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Or 'republican candidate for president'. |
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| Mr Gray | Oct 29 2013, 08:05 AM Post #5 |
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Coach
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What is the deal with your obsession with party politics lately? |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| IUCOLTFAN | Oct 29 2013, 05:17 PM Post #6 |
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Coach
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"Winning" |
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| IUCOLTFAN | Oct 29 2013, 06:14 PM Post #7 |
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Coach
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When Jon Stewart isn't even speaking his language anymore, I can imagine his world being flipped upside down. |
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7:53 PM Jul 10
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7:53 PM Jul 10