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Legal Commentary
: LawPunditBCS Bowl Game Status as 501(c)3 Tax-Exempt Non-Profit Charities To Be Challenged
By Andis Kaulins
Things like religion and sports come to mind.... or put another way, why should an already overloaded taxpayer subsidize religions to which he does not belong? or commercial sports ventures masquerading as charities?
See in this regard AP Exclusive: Tax status of bowl games challenged - College Football - Rivals.com for the main story by Frederic J. Frommer, Associated Press Writer in an AP Exclusive, linked here to Rivals.Yahoo.com.
Our comment to the overinflated salaries at the BCS bowls and elsewhere in the American economic system. Replace the multitude of those plundering the system with people willing to work for 1/10 the salaries that the plundering multitude now obtains.
It will work. No problem. Run a few test cases. If we can put salary caps on sports, we can do it elsewhere in the economic sphere.
While the often dirt poor young kids who play the game of football at colleges and universities are being ripped by the NCAA for even looking at a dollar, one finds an enormous entourage of people who reap thousands and even millions of dollars per year (e.g. coaches) from the alleged non-commercial industry of college football.
Essentially, non-profit status for bowl games as charities is a legal joke, perpetuated by well-meaning but uniformed judges and legal commentators who continue to think that amateur sports are non-commercial.
Not on this planet.
Full post as published by LawPundit on September 23, 2010 (boomark / email).
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