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| Post Number: 31
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grassman 
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: May 22 2013,6:57 am |
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I suppose this is ok-doky too!
The U.S. Senate may — and should — review the NFL’s tax-exempt status
Recently, you may have heard that the Internal Revenue Service came under some considerable fire for targeting certain groups seeking tax-exempt status while green-lighting others (such as one run by the brother of President Obama), but did you know that the National Football league, an organization that currently rakes in about $10 billion per year in revenue, is also a non-profit organization in the eyes of the government? While you're trying to figure that one out, we've got another one for you. Did you know that the league has been a non-profit organization since 1966, when the NFL merged with the American Football League, and then-commissioner Pete Rozelle folded in the request for an exemption with the request for an anti-trust exemption?
Yes, it's all true. Technically, the NFL is a 501©(6) non-profit organization. That part 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."
While member teams obviously operate for profit, the interesting wrinkle here is that the league itself claims not to. And one way to avoid profitability is to pay your current and former executives up the wazoo, which the NFL has done. In 2012 alone, the league paid approximately $53.8 million to its big -ticket execs, including $11.6 million to Commissioner Roger Goodell and $8.5 million to former Commissioner Paul Tagliabue, who replaced Rozelle in 1989 and ran the league until Goodell replaced him in 2006. In 2011, Goodell received a $22.3 million bonus after negotiating several enormously lucrative extensions with the television networks that provide the predominant percentage of the league's revenues.
It's all legal. 
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git er done!
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| Post Number: 32
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Self-Banished
Group: Members
Posts: 22567
Joined: Feb. 2006
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Posted on: May 22 2013,8:50 am |
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^ this I did not know but it makes sense that a bunch of deadbeats don't pay taxes. It's just like being at the grocery store and seeing someone paying with an EBT card then following them out to their almost new car with the 22' rims,
Sometimes it makes ms wonder why I work.
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 Remember boys and girls,
Don’t be a Dick …
Or a “Wayne” 
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| Post Number: 33
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: May 22 2013,8:56 am |
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So you see folks, what is happening is... the ones with the money keep the money instead of paying the taxes. Meanwhile those of us who do not have the luxury of a bent tax system, foot the bill, more and more. All the while they get some brainwashed into thinking that it is good for everyone if it goes that way.
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git er done!
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| Post Number: 34
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Self-Banished
Group: Members
Posts: 22567
Joined: Feb. 2006
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Posted on: May 22 2013,6:10 pm |
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^ what he said 
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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| Post Number: 35
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| Post Number: 36
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Common Citizen
Group: Members
Posts: 4818
Joined: Jul. 2006
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Posted on: May 23 2013,12:07 pm |
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That's what I mean. Instead of the dog and pony show, why not change the laws?
The dog and pony show is to demonstrate to their voters that, see? we're really doing something about it. When in fact they aren't...their only goal is to make sure their constiuants believe they are.
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| Post Number: 37
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Self-Banished
Group: Members
Posts: 22567
Joined: Feb. 2006
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Posted on: May 23 2013,1:07 pm |
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I'd be happy as he'll with a consumtion tax.
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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| Post Number: 38
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| Post Number: 39
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| Post Number: 40
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Self-Banished
Group: Members
Posts: 22567
Joined: Feb. 2006
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Posted on: May 28 2013,5:34 am |
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(irisheyes @ May 28 2013,3:24 am)
QUOTE
(Self-Banished @ May 23 2013,1:07 pm)
QUOTE I'd be happy as he'll with a consumtion tax. So you'd be "happy as hell" with a big tax increase as long as it cut taxes for the rich? We really do live in a bizzaro world where Joe the Plumber types want to tax themselves more so corporations and billionaires will pay much less, or nothing in taxes. 
Let me put that in a little better perspective for you.
To simplify our tax system would bring many blessings, more compliance, more people ACTUALLY PAYING TAXES, a far more fair way of taxation. A consumption tax would in it's very nature be self regulating, too much tax and the economy falters, too little and inflation kicks in. The real kicker for this is that the gov. would have to live within it's means.
Think of all the effort and expense that would be eliminated and properly managed our economy would flourish. We wouldn't be 4 years in a recession working on year 5.
As far as your "Joe the plumber" cuts and your "Truck driving Cletus" remarks go 
Remember, ask your customers if they want to supersize their order, with a little effort you could be promoted to fry cook
Attached Image
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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It does not matter anymore which party they are. They are all in it to win it. At the expense of us mediocre peasants. Dump them all.
