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The National Football League (NFL) pays NO TAXES!

 
Anonymous Coward
User ID: 1265245
United States
10/01/2012 09:10 PM
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The National Football League (NFL) pays NO TAXES!
Why Does the National Football League Deserve Tax-Exempt Status?

You may not know it, but the National Football League is a nonprofit organization. It may seem absurd that a collection of teams that generated at least $9 billion in revenue last season would be given tax-exempt status, but the NFL is technically classified as a 501(c)6 organization. Here’s how the IRS describes 501(c)6 tax-exempt status:

Section 501(c)(6) of the Internal Revenue Code provides for the exemption of business leagues, chambers of commerce, real estate boards, boards of trade and professional football leagues, which are not organized for profit and no part of the net earnings of which inures to the benefit of any private shareholder or individual.

[link to sportsfans.org]

Don't get me wrong, I love Football, but...
Anonymous Coward
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10/01/2012 09:18 PM
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Re: The National Football League (NFL) pays NO TAXES!
That makes them 47 %ers.
Anonymous Coward
User ID: 24784740
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10/01/2012 09:28 PM
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Re: The National Football League (NFL) pays NO TAXES!
been boycotting since 1998.

lose a lot of friends like that.
Enim1

User ID: 1089842
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10/02/2012 01:08 AM
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Re: The National Football League (NFL) pays NO TAXES!
I have been a fan for over forty years and had no clue. That is crazy!
peace
Enim1
Enim1

User ID: 1089842
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10/02/2012 01:45 AM
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Re: The National Football League (NFL) pays NO TAXES!
Hey,I should get a tax break for all those damn tickets I've purchased over the years!
redface
Enim1
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10/02/2012 01:48 AM
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Re: The National Football League (NFL) pays NO TAXES!
I can't believe I didn't know this. I really can't believe I didn't know this.

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