sbrettt
DP Veteran
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- Mar 5, 2013
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Lets agree to disagree. :]
Lets agree to disagree. :]No, you would get zero, because the NFL would write off its income and losses.
Edit: but I understand that your goal is simply to collect tax from everything nfl. agree to disagree. So long as you understand that the 501c6 NFL is legally a non profit in that it meets the definition set by the IRS.
Sports teams are not non profits. Why is this so hard for you all to understand?
The NFL Is A Tax-Exempt Organization -- But One Senator Wants To Change That | ThinkProgress
Wow, the things you learn. One of the biggest most profitable sports businesses out there is tax exempt. They are considered a charity. What I am amazed about is that few people seem to actually care that we have missed out on billions of dollars of tax revenue from professional sports businesses posing as NFPs. What charity is this? the help the steroid addicted rage machines to have billions of dollars charity? Oh, and before anyone blames Obama for this, it seems to have been around since 1966. This is not a church, or an organization that is going to be destroyed by a little taxation. These professional sports organizations have not only been skirting their tax responsibilities, but also taking advantage of taxpayer payouts, forcing cable and satellite companies to charge every one of their customers for sports networks they may never watch, and occasionally causing riots in our streets and certainly a fair share of bar fights every week.
How is it that no one in our government up until now has thought to tax these professional sports leagues? These are not amateur or rec leagues that help provide activities for a community, these are pro sports with pure business motives. We need tax revenue, and they get huge benefits from being in america where many of these sports are insanely popular. This should be a no brainer for an amendment, so who out here agrees with me that this amendment to the tax code will get shot down by both sides?
There primary goal is to promote the financial interests of their members and they routinely do lobbying. In my opinion, they should be investigated for adhering to the restrictions for non-profits.
No one should be tax exempt, not even non-profits or charities; Especially not churches.
How very libertarian of you.
ROFLMAO.
Hopefully sarcasm.
Devil's advocate.
Just as I say I am opposed to gay marriage and people jump down my throat, until I express my opposition to all marriage as a legal institution; In this case I can throw tax exemption status to the wind, since the taxes would go with it.
Im with you. Not only should no organization be exempt from taxes, there should be no organizational taxes to be exempt from.
You don't fool me for a second, you robots can't be taxed and never die (estate tax) so you're out to ruin our economies to accelerate your status as Robotic Overlords... I'm on to you!
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