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Started By
Message
re: No State Taxes on NIL
Posted on 2/27/25 at 8:41 am to LongTime Tiger
Posted on 2/27/25 at 8:41 am to LongTime Tiger
quote:
Max LA state income tax is 6 % and 9 states have no state tax at all. If you want to be competitive with Texas, Florida, Tennessee and others, this is a good move.
The top marginal rate has not been 6% since 2021. It was 4.25% and we now have a flat rate of 3% as of January 1.
1
Posted on 2/27/25 at 1:24 pm to Pauvetibete
What about the other college students at Louisiana schools who have to work to pay their bills, even their tuition?
Can they be exempt too?
Every single working non-athlete college student should send this lame pandering legislator a letter telling him to eat shite.
Can they be exempt too?
Every single working non-athlete college student should send this lame pandering legislator a letter telling him to eat shite.
Posted on 2/27/25 at 1:27 pm to LongTime Tiger
quote:
If you want to be competitive with Texas, Florida, Tennessee and others, this is a good move.
Why not be competitive with them in regards to all income earners, rather than just mercenary college athletes?
Posted on 2/27/25 at 1:52 pm to Pauvetibete
Our legislators have their priorities arse backwards.
Posted on 2/27/25 at 1:54 pm to Pauvetibete
4.25% - only LA state income tax
Posted on 2/27/25 at 4:05 pm to Pauvetibete
You know "Rich" people pay no taxes.
Are NIL contributions tax deductible?
Are NIL contributions tax deductible?
This post was edited on 2/27/25 at 4:07 pm
Posted on 2/27/25 at 4:23 pm to tigahlovah
quote:
work and pay my taxes also. I COMPLETELY UNDERSTAND your opposition to this.
HOWEVER, the schools we compete against are having their states pass these laws, and if we want to stay competitive, we're gonna have to do it. No matter how much it sucks in theory.
I’m a Saints and Pelicans fan. Why do they get taxed but not college athletes?
Posted on 2/27/25 at 4:48 pm to chalmetteowl
quote:The owners of the Saints and Pelicans are very wealthy and can afford to pay the players the salaries they demand.
I’m a Saints and Pelicans fan. Why do they get taxed but not college athletes?
Louisiana's NIL contributors are apparently too poor and must now force taxpayers to help foot the bill.
Posted on 2/27/25 at 4:50 pm to Pauvetibete
frickin pathetic.
Tax cuts for kids to play ball, not for adults working and raising families.
Most louisiana shite ever.
Tax cuts for kids to play ball, not for adults working and raising families.
Most louisiana shite ever.
Posted on 2/27/25 at 7:24 pm to Geauxldilocks
You're right. I was thinking narrowly on this. It'll be all players receiving NIL in Louisiana.
My point still stands. People will go ape shite if LSU is losing recruits to bama, Georgia and other schools because they have to pay state taxes.
My point still stands. People will go ape shite if LSU is losing recruits to bama, Georgia and other schools because they have to pay state taxes.
Posted on 2/27/25 at 7:27 pm to chalmetteowl
I was pretty clear about this.
If our competitors have this advantage, we have NO CHOICE other than to afford LSU the same shot at these recruits.
I'm not saying this is right BY ANY MEANS at face value. But we simply can't afford to not do this. We won't be competitive in recruiting.
If our competitors have this advantage, we have NO CHOICE other than to afford LSU the same shot at these recruits.
I'm not saying this is right BY ANY MEANS at face value. But we simply can't afford to not do this. We won't be competitive in recruiting.
Posted on 2/27/25 at 7:58 pm to tigahlovah
quote:
But we simply can't afford to not do this. We won't be competitive in recruiting.
I don’t care if we’re competitive in recruiting or not. If that little bit of state tax is the difference we were never getting the dude anyway
Posted on 2/27/25 at 8:11 pm to tigahlovah
quote:Nobody who matters will.
People will go ape shite if LSU is losing recruits to bama, Georgia and other schools because they have to pay state taxes.
quote:So what? Get a life.
We won't be competitive in recruiting.
This post was edited on 2/27/25 at 8:13 pm
Posted on 2/27/25 at 8:32 pm to Cuthbert13
quote:
This isnt the cold war with the fate of the world in the balance. Its college football. Well, used to be.
You and these complainers are dense bro.
quote:
Repeat this to yourself in a mirror every morning.
I don't even know what to say to this. DAF response.
Facts remain, this isn't going to teach anyone a lesson about paying taxes. All it is going to do is raise the price of poker for LSU and the fans. Like others have said, donors will be grossing up for taxes to overcome what others can offer. Unless they change the rules, this isn't changing and we are only putting ourselves at a disadvantage by not being on the forefront. If you think this is about teaching kids/people about entitlement and paying their rightful taxes, you're fu(king stupid.
Posted on 2/27/25 at 8:38 pm to Pauvetibete
If NIL athletes pay no taxes, I pay no taxes....period!
Posted on 2/27/25 at 8:46 pm to oldskule
quote:
If NIL athletes pay no taxes, I pay no taxes....period!
If athletes don't have to pay for school, I'm not. It's just not fair
Posted on 2/27/25 at 11:46 pm to TigerBite
quote:
You and these complainers are dense bro.
Of course the author of the bill is from the biggest cheaters in the LHSAA, Catholic High-BR
Posted on 2/28/25 at 1:21 am to tigahlovah
quote:
We won't be competitive in recruiting.
Who gives a frick, ya dummy? What’s more important good infrastructure, good state economy, educated workforce or LSU winning a handful of games?
Posted on 2/28/25 at 6:10 am to BlackAdam
quote:
The top marginal rate has not been 6% since 2021. It was 4.25% and we now have a flat rate of 3% as of January 1.
Not to mention the legislature, with our approval, raised state income taxes several years ago when they removed the federal tax liability deduction.
Posted on 2/28/25 at 6:27 am to 94LSU
First of all, I live in Virginia, so this impacts me ZERO PERCENT.
And I bet you (and a lot of others who oppose this), will be bitching and screaming THE LOUDEST when we are losing recruits by not passing this law.
The ironic thing is, a lot of people won't realize why we're losing out on these recruits if the law doesn't pass.
Don't worry though, it's almost guaranteed to pass and become law.
And I bet you (and a lot of others who oppose this), will be bitching and screaming THE LOUDEST when we are losing recruits by not passing this law.
The ironic thing is, a lot of people won't realize why we're losing out on these recruits if the law doesn't pass.
Don't worry though, it's almost guaranteed to pass and become law.
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