Thursday, September 4, 2014
New York Times Debate: Should Pro-Sport Leagues Get Tax Breaks?:
- Ryan Alexander (Taxpayers for Common Sense), End the NFL Tax Breaks: "Sports leagues like the NFL help teams make money through business ventures – a fine goal for teams, but not one taxpayers need to subsidize. "
- Patrick Hruby (Journalist), Sports Leagues Do Not Need Taxpayer Help: "The NFL as a whole takes in over $9 billion in annual revenue, more than the reported 2013 GDP of 49 countries. "
- Judith Grant Long (University of Michigan), Ending Sports Leagues' Tax-Exempt Status Might Not Bring in More Money: "Focusing on the nonprofit issue detracts from the more substantial burdens placed on taxpayers in the building and taxing of sports stadiums and arenas."
- Richard Steinberg (Purdue University), Nonprofit Teams Rather than Leagues? "Many Commercial Organizations Are Nonprofits, as Billion-dollar Universities Sell Education and Hospitals Sell Healthcare."
- Andrew Zimbalist (Smith College), Nonprofit Status Is Irrelevant: "The tax exemption does not apply to the individual teams, but to the leagues, which operate as pass-through entities."