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?