View Poll Results: Should NFL be required to pay Federal taxes?

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Thread: Should Congress revoke the NFL's tax exempt status?

  1. #21
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    Re: Should Congress revoke the NFL's tax exempt status?

    I don't know enough about how they distribute what they take in. If after the revenues are distributed, they make no real profit, then they are a non-profit. Regardless of how much they actually take in. The same would be true of the Red Cross or many other "non-profit" organizations. You need to look at their net, not their gross.

    I would however say that there maybe should be a limit on what a non-profit is allowed to pay executives and officers.
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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by specklebang View Post
    That was my assertion also but Thom Payne brought up an interesting point that may mean this really isn't a tax exemption but a tax liability transfer. Since I'm no CPA, I kind of backed off. We do have a few economic expertise members here, maybe they'll explain it better to us.
    Here's an opening. It could very well be liability transfer to individual teams. Also, since football could (in some theories) be considered a public good, differences in taxation can occur, such as the introduction of a Lindahl tax. This is kind of a spread-out effect, because local businesses do benefit (Coase theorem).

    Teams and owners do pay taxes, make no mistake about that. Think of the NFL as like a 32 man co-op.

  3. #23
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    Re: Should Congress revoke the NFL's tax exempt status?

    I would like to see this brought up for official debate at least so the NFL would have to speak up and give their side. So far, they have been silent on the issue. I would like them to stand up and say, "No, we deserve this status because <insert reasons here>."
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  4. #24
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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by Gipper View Post
    Here's an opening. It could very well be liability transfer to individual teams. Also, since football could (in some theories) be considered a public good, differences in taxation can occur, such as the introduction of a Lindahl tax. This is kind of a spread-out effect, because local businesses do benefit (Coase theorem).

    Teams and owners do pay taxes, make no mistake about that. Think of the NFL as like a 32 man co-op.
    The technicalities are way over my head. Sure, I pay taxes and I've tried to be an "informed consumer". I don't expect "special breaks" and I don't like the way "non-profits" are used as tax free businesses. But I'm too ignorant of sports teams to have a valid opinion.

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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by specklebang View Post
    The technicalities are way over my head. Sure, I pay taxes and I've tried to be an "informed consumer". I don't expect "special breaks" and I don't like the way "non-profits" are used as tax free businesses. But I'm too ignorant of sports teams to have a valid opinion.
    No biggie. I don't work for the NFL so it's not like I have all the answers too. I don't know if football teams are really considered a "public good" or not, although I can kind of see why they would be.

    Often a parent company has to pay through subsidiaries. Remember when GE caught crap about their tax liabilities? Well, I'm guessing that some of their subsidiaries were a tax burden, such as the network NBC (until 2011). If PepsiCo owed no taxes at Y/E, it doesn't mean that Frito-Lay or any of the freakin' dozens of fast food franchises they own won't carry a tax burden. Sometimes it gets spread out.

  6. #26
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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by iacardsfan View Post
    From change.org:



    http://www.change.org/petitions/cong...ootball-league


    The question is fairly black and white; should the NFL's status as tax exempt be revoked?
    I voted other. I agree with you I just don't think one individual organization should be targeted by legislation as I think it sets a bad precedent and is manifestly unfair. I would support a more general change in legislation that happens to cover the NFL but broadly affects other groups and organizations.

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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by radcen View Post
    The amount is irrelevant.

    I wouldn't bet money that it will be changed anytime soon. But it is good that the issue is out there and being discussed. If nothing else it will at least give more of the population an idea of exactly what are government does in our name.
    Are there other non-profits that you would like to see taxed?

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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by AliHajiSheik View Post
    Are there other non-profits that you would like to see taxed?
    Name some and I'll answer 'yes', 'no', or 'maybe'.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  9. #29
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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by Sherman123 View Post
    I voted other. I agree with you I just don't think one individual organization should be targeted by legislation as I think it sets a bad precedent and is manifestly unfair. I would support a more general change in legislation that happens to cover the NFL but broadly affects other groups and organizations.
    While I haven't said so specifically, that's what I advocate as well. I'm not railing against the NFL in particular, they just happen to be the example of the day.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  10. #30
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    Re: Should Congress revoke the NFL's tax exempt status?

    Quote Originally Posted by iacardsfan View Post
    From change.org:



    http://www.change.org/petitions/cong...ootball-league


    The question is fairly black and white; should the NFL's status as tax exempt be revoked?
    I didn't even know they were tax exempt. That's stupid.

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