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re: LSU athletics donating to academics
Posted on 2/12/16 at 10:52 am to BIWO
Posted on 2/12/16 at 10:52 am to BIWO
The AD does still give back to athletics. It's been talked about on here 100 times.
The AD doesn't exist without the university, so it's not like the AD can just shite on the academic side. The AD needs to donate money back....it's one of the ways they stay out of the heat of having to report everything as income and paying a shitpile of taxes. The IRS will start to get pissy if the AD is making 50 mil a year clear money.
And the reason he makes a threat about things that seemingly most people are passionate about (education and football), is so that you'll be more likely to accept the biggest tax hike in state history. It does him no good to talk about cutting programs that are overextended and abused, such as Medicaid, because that is a cut to a demographic that voted him into office, and doesn't allow for the increased spending that started under Jindal.
Eta...I didn't vote for the guy, and I did for Jindal. But I can also see that the spending started there, with no attempt to make meaningful cuts elsewhere to offset it. Just LA politics in action.
The AD doesn't exist without the university, so it's not like the AD can just shite on the academic side. The AD needs to donate money back....it's one of the ways they stay out of the heat of having to report everything as income and paying a shitpile of taxes. The IRS will start to get pissy if the AD is making 50 mil a year clear money.
And the reason he makes a threat about things that seemingly most people are passionate about (education and football), is so that you'll be more likely to accept the biggest tax hike in state history. It does him no good to talk about cutting programs that are overextended and abused, such as Medicaid, because that is a cut to a demographic that voted him into office, and doesn't allow for the increased spending that started under Jindal.
Eta...I didn't vote for the guy, and I did for Jindal. But I can also see that the spending started there, with no attempt to make meaningful cuts elsewhere to offset it. Just LA politics in action.
This post was edited on 2/12/16 at 10:56 am
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