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Quote from: K8teebug on January 07, 2015, 08:17:20 amQuote from: Julian, Community ORGANIZER on January 06, 2015, 04:02:48 pmQuote from: K8teebug on January 06, 2015, 03:53:04 pmYes, those other organizations have the same exempt status. My guess is the NFL makes more than all of them combined.The thing you're not getting is "the NFL" doesn't make a lot of money. The 32 pro football teams that are represented by "the NFL" -- all of whom pay taxes individually -- make a lot of money. When you're talking about "the NFL" that does not pay taxes, you're not talking about the teams; it is the league office, basically. Any money that comes into the league office is used to promote the industry of football -- basically the business of its 32 tax-paying member teams. The $9billion TV contract people hear about: "the NFL" doesn't get that, the 32 teams do and pay taxes on it.This is exactly the same as a Chamber of Commerce taking in some money and using it to put out a cool brochure about local businesses. All the money coming into the CoC is used to promote a local industry, the members of which will then pay taxes on their increased business. It makes no sense to tax the CoC because it is not a for-profit entity. Similarly, "the NFL" head office is not - in and of itself - a for-profit entity. It exists to hope to maximize profits for its industry (the 32 teams) all of whom pay taxes. And the amount of money "the NFL" has that it doesn't pay taxes on is by one recent estimate, less than $10million. Which is dwarfed by thousands of other non-profits.Seriously, under what rock do you live under that you thinkg "THE NFL" doesn't make any money?http://www.forbes.com/sites/monteburke/2013/08/17/how-the-national-football-league-can-reach-25-billion-in-annual-revenues/Come on, you're better at reading comprehension than this. "The NFL" -- again, the untaxed league office -- will not reach 25 billion in revenues. The 32 teams, when added together, may reach $25 billion in revenues. And those 32 teams all pay taxes at the same rate as anyone else. The ONLY thing tax exempt is the league office. All that TV money and tickets sales and merchandise sales... that doesn't go to "the NFL," it is split up between the 32 tax paying corporations "the NFL" represents.
Quote from: Julian, Community ORGANIZER on January 06, 2015, 04:02:48 pmQuote from: K8teebug on January 06, 2015, 03:53:04 pmYes, those other organizations have the same exempt status. My guess is the NFL makes more than all of them combined.The thing you're not getting is "the NFL" doesn't make a lot of money. The 32 pro football teams that are represented by "the NFL" -- all of whom pay taxes individually -- make a lot of money. When you're talking about "the NFL" that does not pay taxes, you're not talking about the teams; it is the league office, basically. Any money that comes into the league office is used to promote the industry of football -- basically the business of its 32 tax-paying member teams. The $9billion TV contract people hear about: "the NFL" doesn't get that, the 32 teams do and pay taxes on it.This is exactly the same as a Chamber of Commerce taking in some money and using it to put out a cool brochure about local businesses. All the money coming into the CoC is used to promote a local industry, the members of which will then pay taxes on their increased business. It makes no sense to tax the CoC because it is not a for-profit entity. Similarly, "the NFL" head office is not - in and of itself - a for-profit entity. It exists to hope to maximize profits for its industry (the 32 teams) all of whom pay taxes. And the amount of money "the NFL" has that it doesn't pay taxes on is by one recent estimate, less than $10million. Which is dwarfed by thousands of other non-profits.Seriously, under what rock do you live under that you thinkg "THE NFL" doesn't make any money?http://www.forbes.com/sites/monteburke/2013/08/17/how-the-national-football-league-can-reach-25-billion-in-annual-revenues/
Quote from: K8teebug on January 06, 2015, 03:53:04 pmYes, those other organizations have the same exempt status. My guess is the NFL makes more than all of them combined.The thing you're not getting is "the NFL" doesn't make a lot of money. The 32 pro football teams that are represented by "the NFL" -- all of whom pay taxes individually -- make a lot of money. When you're talking about "the NFL" that does not pay taxes, you're not talking about the teams; it is the league office, basically. Any money that comes into the league office is used to promote the industry of football -- basically the business of its 32 tax-paying member teams. The $9billion TV contract people hear about: "the NFL" doesn't get that, the 32 teams do and pay taxes on it.This is exactly the same as a Chamber of Commerce taking in some money and using it to put out a cool brochure about local businesses. All the money coming into the CoC is used to promote a local industry, the members of which will then pay taxes on their increased business. It makes no sense to tax the CoC because it is not a for-profit entity. Similarly, "the NFL" head office is not - in and of itself - a for-profit entity. It exists to hope to maximize profits for its industry (the 32 teams) all of whom pay taxes. And the amount of money "the NFL" has that it doesn't pay taxes on is by one recent estimate, less than $10million. Which is dwarfed by thousands of other non-profits.
Yes, those other organizations have the same exempt status. My guess is the NFL makes more than all of them combined.
