Utah's Jason Chaffetz introduces bill to tax NFL
Source: Salt Lake Tribune
The National Football League the highly profitable and most popular sports organization in the United States has nonprofit status and therefore is not taxable.
Rep. Jason Chaffetz, R-Utah, has a bill to change that and he timed its introduction to fall on the NFLs Super Bowl week.
His bill, which piggy-backs on the proposal of Sen. Tom Coburn, R-Okla., would eliminate the nonprofit status of all professional sports organizations, which also includes the National Hockey League and the Professional Golfers Association. Each team in the NFL and NHL pays federal taxes, but the leagues themselves do not.
"In reality, the NFL and the NHL are for-profit businesses, and they should be taxed as such," Chaffetz said. "They are not charities nor are they traditional trade organizations like local chambers of commerce."
Read more: http://sltrib.com/sltrib/mobile3/57472694-219/nfl-tax-league-status.html.csp
OrwellwasRight
(5,170 posts)But then again, I also am for taxing all organizations, including churches, ending the deferral on income made overseas, and ending the bogosity of "Carried Interest." No more shelters and gimmicks for the privileged while avg Americans keep paying face value tax rates.
KamaAina
(78,249 posts)alp227
(32,020 posts)because of the costs of running a team from the taxpayer subsidized stadiums to the increased use of police/fire/medical during games, etc.
K lib
(153 posts)for all the new stadium they forced the cities they are in be built. One of the rare instance i actual agree with something a Republican does.
onehandle
(51,122 posts)...heh.
1000words
(7,051 posts)Churches next.
condoleeza
(814 posts)olddad56
(5,732 posts)hrmjustin
(71,265 posts)should be taxed.
PADemD
(4,482 posts)They have part-time pastors, many of whom have retired. Not every church is rich.
LanternWaste
(37,748 posts)And to maintain ethical consistency, tax any and all private groups of people sharing like minded philosophies, interests or entertainments.
hrmjustin
(71,265 posts)condoleeza
(814 posts)eepatt
(21 posts)Sure the NFL does not pay taxes. And indeed individual franchises are able to convince cities and local governments to build huge, multimllion dollar stadiums. Yes that is indeed sucking at the taxpayers' nipple. But the outrageous ticket prices are very often not paid by individual citizens, but are purchased by a business, ostensibly for entertaining prospective customers, and therefore a tax deductible business expense. When my students would come to class on a fall Monday excited about seeing a Bear's game on Sunday, I asked 'How did you get tickets?" as most Bears games were sold out. The reply was usually on the order of 'Oh my dad's business has season tickets.'
JEFF9K
(1,935 posts)Republicans are like broken clocks ... except that Republicans are right only twice a year. They are right on THIS issue.
KansDem
(28,498 posts)...because their faces show no life."