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The NFL is Dropping its Tax Exempt Status...

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Article The NFL is Dropping its Tax Exempt Status...

Post by Heat Miser Tue Apr 28, 2015 3:55 pm

Shocked

The NFL is dropping its tax-exempt status. Why that ends up helping them out

The league’s 2013 tax filing revealed that, besides Goodell’s $44 million, six other executives drew seven-figure salaries and 298 employees made $100,000 or more.
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Blanch32 Tue Apr 28, 2015 9:39 pm

16 regular season games. Thats it. Explain to me the bloated salaries
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Travis of the Cosmos Tue Apr 28, 2015 9:50 pm

How the hell were they tax exempt in the first place? That is asinine. Also, and I guess I knew this part, but Roger Goddell making $44 million? Get the fuck outta here with that shit. Who even approves that?
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Rodeo Burger Tue Apr 28, 2015 10:23 pm

Travis of the Cosmos wrote:How the hell were they tax exempt in the first place? That is asinine. Also, and I guess I knew this part, but Roger Goddell making $44 million? Get the fuck outta here with that shit. Who even approves that?

He's a lap dog for the billionaire owners, he does their bidding. And the NFL generates about $10B a year, so there's plenty to go around.
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Turtleneck Tue Apr 28, 2015 10:29 pm

Travis of the Cosmos wrote:How the hell were they tax exempt in the first place? That is asinine. Also, and I guess I knew this part, but Roger Goddell making $44 million? Get the fuck outta here with that shit. Who even approves that?

I believe the NFL operated as a 501c6 as opposed to the more familiar 501c3. 501c6 organizations are considered trade associations that simply represent their (often for profit) membership. An example would be the Chamber of Commerce. To be honest, the NFL's non-profit status was always on shaky ground because it never really seemed to fit 501c6 status. Yeah...I don't know the answer to your question.
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Cym Jim Tue Apr 28, 2015 10:47 pm

Sad day. Obama will coming after your churches next.
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by LoneWolfSparty Tue Apr 28, 2015 11:02 pm

I'll volunteer to take it...
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Other Teams Pursuing That Wed Apr 29, 2015 12:30 am

That is a disgusting amount of money.
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Article Re: The NFL is Dropping its Tax Exempt Status...

Post by Jake from State Farm Wed Apr 29, 2015 6:13 am

Other Teams Pursuing That wrote:That is a disgusting amount of money.
Other Teams Pursuing That wrote:That is a disgusting amount of money.

From now on they won't have to reveal how much anyone is paid. Might be one of the reasons they're dropping their tax exempt status.
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Article Re: The NFL is Dropping its Tax Exempt Status...

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