A BAD CASE OF THE CRAZIES
Johann Wagener 9-26-13
Another scene out of the movie Idiocracy? No. This is for real. Politicians would rather cut the food stamp program than confront deadbeats who abuse the system and are largely responsible for the deficit.
First we had to readjust our reality in order to accept that "corporations are people" and now we find out that we have to accept that the NFL is a tax-exempt charitable organization.
Saying that this is corrupt is putting it nicely because it goes beyond that by assuming that people are so dumb that they would accept that absurd assertion. Well, guess what, up until recently both Baseball and Basketball were also tax-exempt charitable organizations!
It's bad enough that these clowns take in billions of dollars for doing nothing more than chasing balls and scrambling their brains, they do it on the tax-payers dime.
NFL’s Nonprofit Status Is A Kick In The Teeth To Taxpayers, Says Petition
Despite the fact that it is a $9 Billion/Year industry, the National Football League (NFL) continues to enjoy status as a non-profit organization -- meaning it doesn't have to pay federal corporate taxes.
The Commissioner of the NFL, Roger Goodell, makes nearly $30 million a year -- earning more than the heads of companies like Coca-Cola and Wal-Mart. Through TV deals alone, the NFL has inked nearly $30 billion with various television networks. And so often, fans like you and me are asked to foot the bill for new stadiums through our own taxes.
Yet despite being the most profitable sports league in the entire world, the NFL does not pay federal taxes.