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Thread: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by jonny5 View Post
    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.
    Lets agree to disagree. :]
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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    The NFL also operates the NFL Network but PBS doesn't pay taxes either.
    Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by jonny5 View Post
    Sports teams are not non profits. Why is this so hard for you all to understand?
    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.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by tererun View Post
    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?
    Correct me if I'm wrong, but I believe the individual teams that operate within the NFL, as with all other leagues, are not tax exempt - they operate under the same tax laws as most other businesses. It is the league itself, the governing body, that is designated as tax exempt because they supposedly don't operate a business. However, since any "profit" they generate goes to both the players union and to the teams themselves, that revenue should also be taxed.

    I don't think you want to leave the impression that the Pittsburgh Steelers, as an example, don't pay taxes - they do.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by Hard Truth View Post
    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.
    Non profits can lobby, they just cant support political campaigns.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    No one should be tax exempt, not even non-profits or charities; Especially not churches.
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by Lachean View Post
    No one should be tax exempt, not even non-profits or charities; Especially not churches.
    How very libertarian of you.

    ROFLMAO.

    Hopefully sarcasm.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by vendur View Post
    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.
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by Lachean View Post
    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.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by jonny5 View Post
    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!

    johnny5.jpg
    Haymarket's "support" of the 2nd Amendment, a right he believes we never had.
    Quote Originally Posted by haymarket View Post
    no. You cannot lose rights you do not have in the first place. There is no such thing as the right to have any weapon of your choice regardless of any other consideration. It simply does not exist.

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