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re: Mississippi House Passes No Tax on NIL Money Bill
Posted on 3/2/26 at 5:52 pm to JohnnyKilroy
Posted on 3/2/26 at 5:52 pm to JohnnyKilroy
Comparing a kid receiving NIL money to tax incentives to lure businesses to your community and state is one of the worst analogies I have yet to see. I knew it was a bad idea to take analogies out of the SAT years ago when they dumbed it down.
A kid buys alcohol, eats, goes to bars to drink, buys necklaces and earrings for himself, and an expensive car.
Businesses invest in plant and equipment to produce products that will be sold in a free market economy. The plants will hire workers who will pay taxes to the state and local governments. Those employees will also generate additional jobs and taxes through the multiplier effect.
So no comparison.
A kid buys alcohol, eats, goes to bars to drink, buys necklaces and earrings for himself, and an expensive car.
Businesses invest in plant and equipment to produce products that will be sold in a free market economy. The plants will hire workers who will pay taxes to the state and local governments. Those employees will also generate additional jobs and taxes through the multiplier effect.
So no comparison.
Posted on 3/2/26 at 6:14 pm to Ostrich
quote:successful football teams are incredible economic engines. A popular/successful team generates a shite TON of money for the state, the school and the local community.
There's an economic ROI with that though in the form of jobs, taxes, and development
Posted on 3/2/26 at 6:18 pm to Deplorableinohio
quote:
A kid buys alcohol, eats, goes to bars to drink, buys necklaces and earrings for himself, and an expensive car.
Who cares about that you fricking dork? The state of Mississippi benefits massively from having a top end football team.
Think bigger than the individual kid dumbassinohio
Posted on 3/2/26 at 6:20 pm to JohnnyKilroy
quote:
is it fundamentally that much different than giving some foreign state company tax rebates/exemptions to relocate/build a site in Mississippi? That happens all the time without a whole ton of bitching and moaning.
True…but are the individual employees who move to or reside in Mississippi and take the jobs exempt from state taxes?
Posted on 3/2/26 at 6:27 pm to JohnnyKilroy
You are being unnecessarily aggressive about cucking for 18 year olds who have 7th grade reading levels. You’re the dork IMO.
Posted on 3/2/26 at 6:43 pm to Gordon Hayward
No I just understand that schools aren’t trying to get better at football for the hell of it. The primary driver is increasing revenue generation.
Look at UA’s campus before saban and after.
LSU’s 2019 season probably generated 8-9 figures in long term economic activity in La/BR/LSU over what a ho hum 8-4 season would have produced.
You understand that having 100-150k people coming to campus on a November Saturday to watch a top ranked team is a lot more economically fruitful vs 60k coming to watch a 3 or 4 loss team that no one is excited about anymore.
That carries on to having a lot more demand by prospective students to attend the following years.
Again, the state and university of alabama got an amazing ROI on the investment into the saban era.
Look at UA’s campus before saban and after.
LSU’s 2019 season probably generated 8-9 figures in long term economic activity in La/BR/LSU over what a ho hum 8-4 season would have produced.
You understand that having 100-150k people coming to campus on a November Saturday to watch a top ranked team is a lot more economically fruitful vs 60k coming to watch a 3 or 4 loss team that no one is excited about anymore.
That carries on to having a lot more demand by prospective students to attend the following years.
Again, the state and university of alabama got an amazing ROI on the investment into the saban era.
This post was edited on 3/2/26 at 6:51 pm
Posted on 3/2/26 at 7:31 pm to RLDSC FAN
The POOREST state in the country is too good to charge taxes on NIL. And this is why Mississippi is Mississippi.
Posted on 3/2/26 at 7:50 pm to RLDSC FAN
More "distribution of wealth" efforts.....it will never stop.
Posted on 3/2/26 at 7:54 pm to Dizz
quote:
Its being self rightous about any person magically having their income become tax exempt for no appaent reason.
They’re just “more equal”
Posted on 3/2/26 at 7:55 pm to JohnnyKilroy
quote:
You understand that having 100-150k people coming to campus on a November Saturday to watch a top ranked team is a lot more economically fruitful vs 60k coming to watch a 3 or 4 loss team that no one is excited about anymore.
You seem to be under the e impression that no income tax suddenly guarantees you saban level success at Alabama. That’s ridiculous.
LSU just signed the number 1 transfer portal class in the country while located in a state that has a flat 3% income tax.
That means whether you play football or put out fires you pay the same tax rate.
There shouldn’t be some exemption for college football players. I can’t believe we’re even at this point. It’s a slap in the face to every resident of Mississippi.
Posted on 3/2/26 at 8:09 pm to RLDSC FAN
Does the language specify that its only applicable to NIL money for college athletes?
Otherwise, what’s stopping a company from saying they’re going to pay an employee minimum wage for their hours, but give them a few grand a month in tax-free “NIL” payments to appear in posts on the company’s social media marketing or something.
Otherwise, what’s stopping a company from saying they’re going to pay an employee minimum wage for their hours, but give them a few grand a month in tax-free “NIL” payments to appear in posts on the company’s social media marketing or something.
quote:This logic is completely retarded because state income tax is small change compared to federal income tax rates….and I promise the feds aren’t exempting 18-22 year olds with 6 or 7 figure incomes from paying federal taxes.
Lamar was also concerned about students receiving huge amounts of money at a very young age, he said, and incurring serious civil and criminal penalties, because they didn't understand how to handle their money.
Posted on 3/2/26 at 8:28 pm to JohnnyKilroy
quote:
The state of Mississippi benefits massively from having a top end football team.
How do we know, they’ve never had one
quote:
Does the language specify that its only applicable to NIL money for college athletes?
I want to see if the language only applies to athletes in football and men’s basketball at Ole Miss and Miss State… baseball peeps gonna be pissed. USM gonna be pissed… surely they don’t want random people benefiting through loopholes
This post was edited on 3/2/26 at 8:33 pm
Posted on 3/2/26 at 8:46 pm to JohnnyKilroy
quote:
Look at UA’s campus before saban and after.
Was Alabama declining to collect tax revenue at the time?
Posted on 3/2/26 at 8:55 pm to RLDSC FAN
Florida and Texas don’t have state income tax anyway. So wouldn’t school in those states have an advantage anyway?
Posted on 3/2/26 at 9:05 pm to Swagga
USC just had the #1 recruiting class . the first non South university in 20 years to have the #1 ranking. with California's obvious heavy tax.
Mississippi didnt have to do this to get elite talent
Mississippi didnt have to do this to get elite talent
Posted on 3/2/26 at 9:34 pm to Civildawg
quote:
Just for clarification, Mississippi is phasing out state income tax anyway
Those motherfrickers can wait just like me then. They should be paying for tuition + room and board as well.
Posted on 3/3/26 at 5:39 am to Civildawg
quote:
Just for clarification, Mississippi is phasing out state income tax anyway
So back of the line for regular taxpayers then is what you’re saying?
Posted on 3/3/26 at 5:47 am to RLDSC FAN
This is wild.
This post was edited on 3/3/26 at 5:50 am
Posted on 3/3/26 at 6:06 am to RLDSC FAN
This only applies to the 4% state income tax. On a $20 million roster, you were talking about $800,000. I'm sure they have a donor that's given that back to the state with no problems.
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