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re: Now that players are getting paid for NIL should they have to pay for tuition ?
Posted on 7/1/21 at 2:27 pm to supersaints9
Posted on 7/1/21 at 2:27 pm to supersaints9
They should be required to pay income taxes on the value of their athletic scholarships. Plain and simple. It is only fair if they want to play the game of being paid, then be treated as such.
Their scholarship should be taxed, and the benefit for the university is they are not required to pay employer FICA taxes from that money, but the athletes are.
In the end, they need to just shut down college athletics as it has become an utter joke both from the university side and the greedy players side.
Their scholarship should be taxed, and the benefit for the university is they are not required to pay employer FICA taxes from that money, but the athletes are.
In the end, they need to just shut down college athletics as it has become an utter joke both from the university side and the greedy players side.
6
Posted on 7/1/21 at 2:28 pm to Geauxgurt
quote:
They should be required to pay income taxes on the value of their athletic scholarships. Plain and simple. It is only fair if they want to play the game of being paid, then be treated as such.
Nonsense. Academic scholly holders can work outside of school and they are taxed only on their work earning. Why should athletic schollys be any different?
Posted on 7/1/21 at 2:31 pm to Geauxgurt
quote:Why just athletic scholarships?
They should be required to pay income taxes on the value of their athletic scholarships
There's no logical reason to say only athletic scholarships should be taxed.
Posted on 7/1/21 at 2:40 pm to Geauxgurt
quote:
They should be required to pay income taxes on the value of their athletic scholarships. Plain and simple. It is only fair if they want to play the game of being paid, then be treated as such.
Their scholarship should be taxed, and the benefit for the university is they are not required to pay employer FICA taxes from that money, but the athletes are.
In the end, they need to just shut down college athletics as it has become an utter joke both from the university side and the greedy players side.
this is complete nonsense
Posted on 7/1/21 at 2:41 pm to Geauxgurt
Only if you do the same for academic scholarship recipients
Posted on 7/1/21 at 2:50 pm to Geauxgurt
quote:Bump
They should be required to pay income taxes on the value of their athletic scholarships. Plain and simple. It is only fair if they want to play the game of being paid, then be treated as such.
Their scholarship should be taxed, and the benefit for the university is they are not required to pay employer FICA taxes from that money, but the athletes are.
In the end, they need to just shut down college athletics as it has become an utter joke both from the university side and the greedy players side.
I'd like to see the nonpaid tuition and tuition should be taxed folks explain/answer this post.
Posted on 7/1/21 at 2:52 pm to Geauxgurt
quote:
They should be required to pay income taxes on the value of their athletic scholarships. Plain and simple. It is only fair if they want to play the game of being paid, then be treated as such.
Their scholarship should be taxed, and the benefit for the university is they are not required to pay employer FICA taxes from that money, but the athletes are.
what? I, a non athlete, got an academic scholarship to go to LSU and then law school. Should i be required to pay income taxes on my scholarships? They're already getting taxed on the NIL stuff. It doesn't make any sense to tax a scholarship.
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