- The Washington Times - Thursday, January 30, 2014

Sens. Tom Coburn, Oklahoma Republican, and Angus King, Maine Independent, have started a push to end the not-for-profit status for the National Football League, saying it’s only fair to taxpayers.

“This is a directed tax cut that [went] to the league office, which means every other American pays a little bit more every year because we give the NFL league office a tax break and call them a non-profit,” Mr. Coburn said on CNN’s “New Day.” “In fact, they’re not.”

Mr. King said on the program the bill only taxes the money that goes to the league office.

“The teams are separate entities — they pay taxes and they have their whole situation,” he said. “The league has a foundation, charitable — wouldn’t affect that. This is talking about the [approximately $180 million] a year that goes into the league office.”

“The NFL doesn’t promote college football, high school football, arena football — it’s a group of teams,” Mr. King continued. “And by the way, I’m a huge NFL fan. I mean, sponsoring this bill may be wiping out my possibility of being a quarterback for the Redskins, which is a lifetime goal, but I don’t think this is right.”

 


PHOTOS: Highest-earning celebrity couples


Copyright © 2016 The Washington Times, LLC. Click here for reprint permission.

blog comments powered by Disqus

 

Click to Read More

Click to Hide