Why Congress has yet to Curtail the NCAA Cartel’s Tax Breaks, Exemptions Historically Tied to Amateur Athletics

splitt

One might ask why Senators and other members of the U.S. Congress are not working on provisions to pare back the unjustified tax breaks that the cartel—the National Collegiate Athletic Association and its member colleges and universities—as well as its supporters have come to accept as entitlements. All of the cartel members are nonprofits that don’t pay federal, state or local taxes, according to the U.S. Department of Revenue. The tax exemptions were historically tied to amateur athletes and were meant to help colleges and universities shoulder the cost of supporting programs that were part of the fabric of the post secondary experience in America as well as to help to knit together the disparate supporters of these enterprises.

»Read more

Tags: , ,

Categories: Uncategorized

Subscribe

Subscribe to our RSS feed and social profiles to receive updates.