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Senators target tax status over Redskins name
Posted on 9/19/14 at 9:51 pm
Posted on 9/19/14 at 9:51 pm
On my kindle so no link sorry. It's in USA Today though
quote:
Senate Majority Leader Harry Reid, D-Nev., and Senators Maria Cantwell, D-Wash., and Tim Jonson D-S.D., introduced legislation Thursday that would revoke tax-exempt status for the NFL unless the Washington team changes its name from Redskins.
"Our position remains consistent with more than 80% of Americans who do not want to change the Washington Redskins name," Tony Wyllie, a spokesman for the Washington NFL team, said Thursday.
Cantwell's office said the NFL received tax-exempt status as a not-for-profit "business league" organization and that the bill was narrowly crafted to prohibit tax-exempt status only for professional sports leagues that promote use of the term used by Washington's football team, meaning it would not affect other sports leagues, such as the NHL and PGA, which also receive the exemption.
--Erik Brady
15
Posted on 9/19/14 at 9:53 pm to carbola
frick Harry Reid, right in the pussy.
Posted on 9/19/14 at 9:53 pm to carbola
quote:
Senate Majority Leader Harry Reid, D-Nev., and Senators Maria Cantwell, D-Wash., and Tim Jonson D-S.D., introduced legislation Thursday that would revoke tax-exempt status for the NFL unless the Washington team changes its name from Redskins.
Great idea, but for the wrong reason
Posted on 9/19/14 at 10:07 pm to Lsut81
I am sure the horribly impoverished Indians on Nevada and Washington reservations will dutifully vote for them.
Posted on 9/19/14 at 10:19 pm to udtiger
quote:
am sure the horribly impoverished Indians on Nevada and Washington reservations will dutifully vote for them.
Is there a bigger hack anywhere on Earth than Harry Reid? What a scumbag. I would happily do time if I could punch him in the face, just once.
Posted on 9/19/14 at 10:19 pm to Vols&Shaft83
do it legal, he is a boxer fwiw
Posted on 9/19/14 at 10:24 pm to carbola
quote:But fricking scumbag Reid and the libs won't give it up. Hey Dirty Harry, "NOBODY frickING CARES!"
more than 80% of Americans who do not want to change the Washington Redskins name
Posted on 9/19/14 at 10:27 pm to carbola
Harry Reid is senile.
Posted on 9/19/14 at 10:28 pm to Five0
quote:
do it legal, he is a boxer fwiw
So am I, I'm pretty sure I'm well above his weight class tho.
Posted on 9/19/14 at 10:34 pm to Vols&Shaft83
Just more proof that our politicians are ignorant, grandstanding bafoons.
Every single franchise already pays taxes. The central office doesn't actually even realize revenue. In fact, last year's balance sheet had a multi billion dollar "loss" for the NFL b/c all the stadium liabilities are on those books.
Switching the NFL to non tax exempt would have a net $0 impact on tax receipts because the franchises wouldn't have to file anymore.
Though Harry Reid probably is ignorant enough to not understand that.
Every single franchise already pays taxes. The central office doesn't actually even realize revenue. In fact, last year's balance sheet had a multi billion dollar "loss" for the NFL b/c all the stadium liabilities are on those books.
Switching the NFL to non tax exempt would have a net $0 impact on tax receipts because the franchises wouldn't have to file anymore.
Though Harry Reid probably is ignorant enough to not understand that.
This post was edited on 9/19/14 at 10:36 pm
Posted on 9/19/14 at 11:00 pm to carbola
Goodness, how pathetically stupid is thid Nevada POS?
Is he going to target the tax status of the Fighting Irish also, or how about the Dallas Cowboys or FSU Seminoles.
These azz0s can't run the country without a deficit, but they can meddle in everyone elses business.
Lol
Is he going to target the tax status of the Fighting Irish also, or how about the Dallas Cowboys or FSU Seminoles.
These azz0s can't run the country without a deficit, but they can meddle in everyone elses business.
Lol
Posted on 9/19/14 at 11:04 pm to carbola
I'm glad this is what they're focusing their attention on.
Posted on 9/19/14 at 11:06 pm to carbola
I doubt it would really effect anything at all, I doubt the NFL ever shows any income.
Posted on 9/19/14 at 11:09 pm to Jcorye1
In its current corporate structure, it does not. It actually post a loss must years.
Posted on 9/20/14 at 12:53 am to udtiger
It was mean of harry to force all those Indians out west
Posted on 9/20/14 at 5:04 am to carbola
They will do everything in their power to get their way. Posted on 9/20/14 at 7:38 am to carbola
good thing we have nothing else to worry about...like 17 large in debt and havnt balanced the checkbook in 20 plus yrs
Posted on 9/20/14 at 7:47 am to carbola
Even if you don't like the name, I don't see how this can possibly be constitutional. The intent, even if it's ineffective, is to punish the NFL for offensive speech.
Posted on 9/20/14 at 8:07 am to carbola
quote:
tax status
The NFL doesn't post any profits (helps to pay Goodell 40 mil/yr to achieve that zero-profit goal) - so how would this change their bottom line?
This post was edited on 9/20/14 at 8:08 am
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