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September 7, 2014, 1:00pmET

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Old 01-31-2014, 07:36 AM   #1
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Default Senators Try to Sack NFL's Non-Profit Status

Senators Try to Sack NFL's Non-Profit Status

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Sens. Tom Coburn, Oklahoma Republican, and Angus King, Maine Independent, have started a push to end the not-for-profit status for the National Football League, saying it’s only fair to taxpayers.

“This is a directed tax cut that [went] to the league office, which means every other American pays a little bit more every year because we give the NFL league office a tax break and call them a non-profit,” Mr. Coburn said on CNN’s “New Day.” “In fact, they’re not.”

Mr. King said on the program the bill only taxes the money that goes to the league office.

“The teams are separate entities — they pay taxes and they have their whole situation,” he said. “The league has a foundation, charitable — wouldn’t affect that. This is talking about the [approximately $180 million] a year that goes into the league office.”

“The NFL doesn’t promote college football, high school football, arena football — it’s a group of teams,” Mr. King continued. “And by the way, I’m a huge NFL fan. I mean, sponsoring this bill may be wiping out my possibility of being a quarterback for the Redskins, which is a lifetime goal, but I don’t think this is right.”
Senator King for Redskins QB!
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Old 01-31-2014, 09:57 AM   #2
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Default Re: Senators Try to Sack NFL's Non-Profit Status

Don't hold your breath waiting for the NFL to start paying taxes - NFL owners spread their wealth in contributions to both parties

The people who own these teams — a small club of wealthy people who own some of the most lucrative media properties in the world — are heavily involved in politics

http://www.businessinsider.com/obama...on-2012-9?op=1

And the NFL has a political action committee that makes additional contributions

NFL's political action committee has doled out $876,857 in 2012


http://sportsillustrated.cnn.com/201...#ixzz2rzXxHrBJ

And of course the NFL also pays for lobbying

In the Super Bowl of tax-exempt groups engaged in lobbying, the National Football League is playing to win. Citizens for Responsibility and Ethics in Washington (CREW) just issued a report, “Defensive Game,” detailing the upward trend in the NFL’s expenditures on lobbying and other forms of political influence. The 501(c)(6) NFL spent $1.14 million on lobbying in 2012 and through its political action committee, Gridiron-PAC (founded only in 2008), it gave more than $650,000 to candidates and federal parties in the 2010 electoral cycle and $838,000 in the 2012 cycle. These figures don’t include the individual political donations of highly paid NFL executives such as Roger Goodell.

http://thehill.com/blogs/congress-bl...a-good-offense

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