Senator Coburn introduces legislation to remove tax exempt status for NFL, other sports leagues

EPR-radar4/25/2013 5:55:20 pm PDT

re: #2 CuriousLurker

Wow, I had no idea the NFL was tax exempt.

Ending this tax exemption for professional sports leagues is likely to be a non-starter with the GOP leadership, since new revenue is forbidden.

This is also an excellent illustration of the old Leona Helmsley line: ‘taxes are for the little people’. You need to be pretty rich and powerful to get a highly profitable enterprise ‘legally defined’ to be a tax-exempt non-profit.