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(Yahoo)   Looks like the IRS is targeting another non-profit group seeking tax-exempt status   (sports.yahoo.com) divider line 25
    More: Asinine, U.S. Senate, IRS, NFL, master status, nonprofits, Ninth Circuit Court of Appeals, public financing, PSLs  
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15773 clicks; posted to Main » on 22 May 2013 at 4:31 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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Archived thread
2013-05-22 04:38:19 PM
7 votes:
You know what? fark it. Get rid of tax-exempt status for everyone.
2013-05-22 04:35:36 PM
7 votes:
The NFL is a tax-exempt organization?!

imageshack.us
2013-05-22 04:22:23 PM
4 votes:
Its ridiculous that a for profit entity like the nfl, who gouges millions of Americans with a polished media glut could even imagine they deserve tax exempt status.
2013-05-22 04:37:04 PM
3 votes:
They had... until now, this... multi-billion dollar... the.. they had.. they were ta.. tax exempt???  What the f*ck did they charter as, a religion?
2013-05-22 04:43:01 PM
2 votes:

benh999: The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.


If they don't earn anything, why would they worry about being taxed on it?
2013-05-22 04:39:49 PM
2 votes:
While they're at it, they should look at the NCAA and its shady, exploitative practices.
2013-05-22 04:38:27 PM
2 votes:
The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.
2013-05-22 04:37:18 PM
2 votes:

Revek: Its ridiculous that a for profit entity like the nfl, who gouges millions of Americans with a polished media glut could even imagine they deserve tax exempt status.


No, it isn't, actually.  NFL-related revenues are taxed, just as those of the MLB, NHL and NBA are.  In each case though, they're just taxed upon either (1) the for-profit arm(s) of the league (e.g., NFL Business Ventures for the merchandising, NFL Films for revenues related to the NFL Network, etc.); or (2) the 32 teams.  The league serves as a financial "pass through" for its 32 member clubs.

If you want to hurt the NFL or MLB, take away not their tax exemptions, but their anti-trust exemptions.
2013-05-22 04:35:11 PM
2 votes:
To be fair, football is like a religion to a lot of people.
2013-05-22 04:32:19 PM
2 votes:
About f*cking time.
2013-05-22 06:38:36 PM
1 votes:
Not ONE professional sports association should be tax exempt.
As a matter of fact, if they got rid of ALL tax exempt organizations, along with the income tax,
corporate tax, social security tax, tax on tax, and went with a flat/fair tax, just think of all the
money flowing INTO this country from outside, in the form of tax shelters.  Just think of all of
the off shore accounts that would close up.  Just think of all the money that could be used in the
USA, instead of sitting in an island bank somewhere.
Oh, but a flat/fair tax would hit those at the lower end of the economic ladder the hardest.
Yeah, you keep believing that one...
2013-05-22 06:14:55 PM
1 votes:

vernonFL: Are you farking KIDDING ME?

I know the NFL does have a charitable organization attached to it, and they actually do some charitable work with kids, but COME ON. That is farking ridiculous.


You are conflating non-profit status with charitable organization status.  All charities are non-profits, but not all non-profits are charities.  In this case, the NFL is recognized as exempt (from income tax) under 501(c)(6) which is the same subsection that chambers of commerce use.  It's a league, an association of the 32 member clubs which are all for profit companies (even Green Bay, although their profits are pledged to charity).  All the NFL does is negotiate contracts on behalf of its members, put forth a marketing message for the teams (like a trade association might do),  set rules and provide officiating.  It isn't owned by anyone (other than the members) and any "profit" it may earn goes to the members as taxable income to each of the clubs.  It really could be set up as an LLC with each of the clubs being members (which would have the same tax effect) but that would be unnecessarily complicated and even less open to the public than it already is.
2013-05-22 06:05:00 PM
1 votes:
The NFL itself is technically a non-profit organization.  The teams in the NFL are not.  The teams are where the big money is.  So this isn't anywhere near as bad as it might look at first glance.
2013-05-22 05:53:55 PM
1 votes:
I'm getting tired of free rides.
- No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.
- No more religious exemptions.  You make income, you pay tax on it.  I don't care if you claim a personal connection with the sky wizard, it's still income.
- No more corporate exemptions.  No more incorporating in Ireland (iFark you Apple).  If it's income, it gets taxed.
2013-05-22 05:37:05 PM
1 votes:

benh999: The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.


I earn virtually nothing in comparison. Where's my tax exempt status?
2013-05-22 05:23:37 PM
1 votes:

uncleacid: Who do they think they are, Apple?


RAND PAUL apology to Roger Goddell in 3...2...1...
2013-05-22 05:04:07 PM
1 votes:

miss diminutive: *please be the Church of Scientology*
*please be the Church of Scientology*
*please be the Church of Scientology*

Dammit.


Everyone knows that the Church of Scientology is a scam....especially the folks that run it.  The problem is that they have the resources to perpetuate any litigation to the point that it is not cost effective for the federal government to intervene.
2013-05-22 04:59:54 PM
1 votes:
Strong-arming municipalities into funding stadia is now a charitable enterprise
2013-05-22 04:54:06 PM
1 votes:

doyner: Agent Smiths Laugh: fluffy2097: God. Every day I become smugger and smugger for not voting at all.

/I told you they were both monsters.
//you didn't listen.

Oh no, I've been in agreement for a long time.

I dislike and distrust every single manifestation of government and politics.

It's all corrupt right down to the bedrock.

We have the government that reflects our values.


Hey now, there's a lot to be said for belligerent self interest with just a touch of unfounded haughty pride.
2013-05-22 04:42:49 PM
1 votes:
Are you farking KIDDING ME?

I know the NFL does have a charitable organization attached to it, and they actually do some charitable work with kids, but COME ON. That is farking ridiculous.
2013-05-22 04:41:58 PM
1 votes:

Gyrfalcon: James F. Campbell: You know what? fark it. Get rid of tax-exempt status for everyone.

OK. No argument here.


You know what, count me in.
2013-05-22 04:41:24 PM
1 votes:

bunner: They had... until now, this... multi-billion dollar... the.. they had.. they were ta.. tax exempt???  What the f*ck did they charter as, a religion?


Don't be ridiculous. Now the SEC, THAT'S a religion!
2013-05-22 04:40:43 PM
1 votes:
When they want some sucker town to build them a new stadium....*

You call them a business. They say it's a GAME.

You say it's just a game.  They say it's a business.

* You know. Like how any employer of a few hundred people gets the taxpayers to build them their facility.
2013-05-22 04:39:36 PM
1 votes:

James F. Campbell: You know what? fark it. Get rid of tax-exempt status for everyone.


OK. No argument here.
2013-05-22 04:36:34 PM
1 votes:
miss diminutive:
*please be Churches*
*please be Churches
*
*please be Churches*

Dammit.

FTFM
 
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