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Thread: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

  1. #21
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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by Lutherf View Post
    First off, it's highly unlikely that the NFL will pay any tax. If they're operating at any significant profit level then they're doing it wrong. Actually, I just checked and their financials for 2010 are here - Scribd - they wouldn't be paying any taxes.

    Secondly, if you're going to make the NFL a taxable entity then you damned well better be doing everything you can to make trade unions and lobbying organizations taxable too.
    I'd also be fine with that, but I think our politicians won't touch that.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by NIMBY View Post
    Such as Mitch McConnell not filibustering women in pay equity?
    Whatever happend to the Sen. McConnell who demanded straight-up-and-down votes when the GOP was in control last decade?

    But the GOP did allow enough debate until it was too late to vote on minimum wage and Hobby Lobby.
    Then they filibustered America's women.
    Why does the potential future Majority Leader continue to play these games with America's women ?
    Do you have to apply your own tangent to every topic? This is about sports leagues and their tax exempt status as trade groups.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by tres borrachos View Post
    I'd also be fine with that, but I think our politicians won't touch that.
    Politicians tend to do things for political reasons, not economic ones.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by Lutherf View Post
    Politicians tend to do things for political reasons, not economic ones.
    Sometimes both.

    I'm looking at the information you provided and maybe need to rethink my idea that they should not be tax exempt. What they do is certainly not as cut and dry now that I'm seeing their financials.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by tres borrachos View Post
    I also think they shouldn't get tax exempt status, but I wish they would focus on more important issues in the Senate.
    I agree, but on the other hand, passing this bill would create a new source income that could make it easier to focus on those more important issues.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Tres Borrachos mentioned that the Senate should be working on more important things--I mentioned a few of those which you don't like.
    Please try to be more honest with context the next time you launch a drive-by at me "liked" by Moon.
    Quote Originally Posted by AliHajiSheik View Post
    Do you have to apply your own tangent to every topic?
    This is about sports leagues and their tax exempt status as trade groups.
    Do you have anything to offer this thread AliHajiSheik, besides repeating the thread title?

    As well, anyone who doesn't see the transition/segue between the NFL and sports betting is out of the loop,
    as you apparently are .
    Physics is Phun

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by NIMBY View Post
    Tres Borrachos mentioned that the Senate should be working on more important things--I mentioned a few of those which you don't like.
    Please try to be more honest with context the next time you launch a drive-by at me "liked" by Moon.

    Do you have anything to offer this thread AliHajiSheik, besides repeating the thread title?

    As well, anyone who doesn't see the transition/segue between the NFL and sports betting is out of the loop,
    as you apparently are .
    Actually I don't care about the other issues you think I don't like. As a thoughtful person on such topics, I would like to know what other trade group that does good works would be impacted on a change of the law to go after sports leagues.

    Sorry, I forgot how sensitive you are to having your tangents pointed out. I tend to not see them because I stay out of the Partisan forums you enjoy.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by AliHajiSheik View Post
    Actually I don't care about the other issues you think I don't like.
    Yet you didn't say this same thing to TRES, did you AliHajiSheik?
    As a thoughtful person on such topics,
    debateable/
    I would like to know what other trade group that does good works would be impacted on a change of the law to go after sports leagues.
    By all means, please proceed with specifics versus generalities.
    Sorry, I forgot how sensitive you are to having your tangents pointed out. I tend to not see them because I stay out of the Partisan forums you enjoy.
    Which has nothing to do with this thread but equals your criticism of me, which I have shown is off-base .
    Physics is Phun

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by ThePlayDrive View Post
    I agree, but on the other hand, passing this bill would create a new source income that could make it easier to focus on those more important issues.
    It would not create any more revenue. The NFL does operate in a for profit manner and without profit no taxable income would be generated.

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    Re: N.J. senator Cory Booker aims to strip pro leagues of tax-exempt status

    Quote Originally Posted by NIMBY View Post
    Yet you didn't say this same thing to TRES, did you AliHajiSheik?

    debateable/

    By all means, please proceed with specifics versus generalities.


    Which has nothing to do with this thread but equals your criticism of me, which I have shown is off-base .
    I should have said "very" sensitive.

    Tres made a reference to other things, you went off on a whole diatribe about McConnell.

    If you want to debate my thoughtfulness on a subject, then I await your wisdom.

    You and others are just licking your chops about taxing the NFL and others have pointed out that teams and players pay all their taxes, it is merely the NFL as the trade group which is the league is except as per the tax code. If Mr. Booker is going after just the league, then I need to see the language so that I can evaluate its impact on other groups also except under the same tax code.

    "How has your day been"? "Did you hear what Mitch McConnell said now"?--not a very interesting conversation.

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