Tuesday, February 17, 2015

Should the NFL Pay Taxes?

So, the National Football league (NFL) does not pay taxes, and has not for many decades now, because it is considered a non-profit institution.

Seriously.

Here's the thing: of course, it is well known that the NFL makes tons of money. Head over heels, frankly. Between the television coverage, the advertisement, ticket sales, highly priced merchandise, and all other things that the league does to rake in massive amounts of dough, it is safe to say that the NFL makes tons of profits every year, and has for decades now.

Yet, they do not pay taxes.

Hmmm....

This seems so obvious, that it is truly shocking that the NFL could have escaped public notice for so long, let alone that of supposed watchdogs within the government.

Of course the NFL is a for profit corporation! I have never known it to be otherwise, frankly.

Frankly, just having seen the way that the NFL conducted itself throughout a season filled with controversies and quick sand controversies suggests that they were doing whatever they could in order to get back to the business that clearly really mattered to them the most: that of making money. Controversies such as the Ray Rice video may get in the way, and Goodell only really seemed to do the minimum that he could to actually address them, choosing instead to concentrate on damage control for the image of the league, and for himself as the commissioner. In other words, they responded like a major corporation when profits might be compromised.

Does that seem like a non-profit agency that still needs more assistance, such as the tax breaks that it apparently currently gets?

To my knowledge, the NFL rakes in billions of dollars of revenue every year. It is a huge, corporate conglomerate at this point, and has tried to expand their business overseas. In fact, they are still trying, having recently announced that London might be a possible site for a future Super Bowl (although who knows when?).

Yes, it is obviously a for profit corporation and, as such, needs to start paying taxes, just like the rest of us.




The NFL shouldn't be tax-exempt.

http://act.credoaction.com/sign/nfl_goodell_testify?t=1&akid=13101.4308982.2MONWn





The Real Super Bowl Question: Should The NFL Be A Nonprofit? by Tom Watson, January 30, 2015:

http://www.forbes.com/fdc/welcome_mjx.shtml





How the NFL makes the most money of any pro sport Ike Ejiochi, special to CNBC.com  Thursday, 4 Sep 2014

http://www.cnbc.com/id/101884818#





Super Bowl XLIX Was Most-Watched Show In U.S. Television History The Huffington Post  |  By Catherine Taibi Email   Posted: 02/02/2015

http://www.huffingtonpost.com/2015/02/02/super-bowl-tv-ratings-2015-patriots-seahawks_n_6595690.html

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