BREAKING: President Trump To Deal DEATH BLOW To The NFL… This Is BIG!

Sassy Liberty AMERICA’S FREEDOM FIGHTERS –

Amid massive protests in the NFL where players are taking a knee during the national anthem for social justice issues and perceived racial inequality, many Americans are staging protests of their own by simply choosing to tune out.

Vice President Mike Pence recently even chose to walk out of an Indianapolis Colts game against the San Francisco 49ers when players chose to take a knee during the national anthem.

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Many Americans view this “protest” as the height of disrespect to American military and their families, as well as to the country and everything it stands for.

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As the protests continue unabated by NFL players and the anger of Americans continues, President Donald Trump is now calling for the United States to end special tax breaks for the NFL as well.

He took to Twitter to state – “Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag, and Country? Change tax law!”

Many are demanding to know how can an entity that sell expensive tickets and generates multiple millions of dollars in revenue for owners and players ever be considered non-profit organizations or even worthy of significant tax breaks?

The NFL is clearly no charity and most definitely turns a profit.

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Many on the left and the mainstream media are taking issue with President Trump calling for an end to the special tax breaks currently enjoyed by the NFL stating that the NFL actually gave up its non-profit status in 2015. At the time Commissioner of the NFL, Roger Goodall called the tax exemption a “distraction,” and said it has “been mischaracterized repeatedly in recent years.

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The NFL League Office received a special tax carveout from 1966 until it was voluntarily relinquished in 2015.  Though individual teams were not tax-exempt, the NFL League Office was. The League office is responsible for the construction and development of new stadiums. These new stadiums are financed on the backs of hardworking American taxpayers to the tune of some estimated $6.7 billion taxpayer dollars over the last two decades. Tax-exempt revenues for professional sports leagues are higher than $2 billion. According to the Internal Revenue Service, businesses that conduct operations for profit on a “cooperative basis” should not qualify for tax-exempt treatment, yet a special exemption is made for professional sports leagues.

What Goodall and others on the left do not say however is team owners generally reap significant tax breaks from local, state, and federal officials to help build expensive new stadiums, extracting hundreds of millions in taxpayer dollars.  This ensures a football team stays in a community. NFL stadiums have received an estimated $6.7 billion from taxpayers over the last two decades. There are also tax subsidies and loopholes that the organization benefits from financially.  However, the government does tax income from TV rights fees, ticket sales and any other revenue generated by the 32 professional football teams.

Congressman Matt Gaetz is sponsoring a bill to end special tax breaks for the NFL. Gaetz said that Congress should not be subsidizing the NFL with tax breaks “particularly when the NFL league office has embraced this unpatriotic behavior.”

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Gaetz stated

 

“Though the NFL voluntarily relinquished their tax-exempt status in 2015, the NHL, PGA, and LPGA remain tax exempt. There is nothing that prevents the NFL from reclaiming its status. My legislation would end this loophole and generate over $150 million in new revenue over 10 years, according to 2016 estimates.

Like many Americans, I was dismayed and disgusted to see multimillionaire athletes sitting or kneeling during the national anthem. Standing for the national anthem shows respect for our nation, and for the brave men and women who have sacrificed so much to protect our freedoms. Those hard-fought freedoms include freedom of speech, and free speech does include protest. But nowhere in the Constitution does it say that Americans are required to subsidize disrespect for America, or to have their tax dollars wasted on corporate welfare to sports teams. Tax reform is currently the top priority of Congress. We must close this loophole in the tax code, and end taxpayer subsidies for professional athletics. If players want to protest, they have that right — but they should do it on their own time, and on their own dime.”

 

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