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Revoke the NFL's tax-exempt status

Created by F.R. on February 03, 2015

The National Football League is organized for tax purposes as a 501(c)(6) organization under the Internal Revenue code. A 501(c)(6) organization exempts taxes from "business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues (whether or not administering a pension fund for football players), which are not organized for profit."

Given its TV deals, Goodell's $27,000,000 salary, and plans to possibly expand to the UK, the NFL is clearly more interested in promoting the NFL brand and making a lot of money doing so. In fact, Goodell would like to increase NFL revenue to $27 billion by 2027, of which the NFL will pay nothing in taxes on all those revenues.

Let's revoke their tax-exempt status now. The MLB did in 2007 and is doing just fine.

Budget & Taxes
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