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LittleBlue

(10,362 posts)
12. Yes. There's absolutely nothing wrong with what I've said
Sun Feb 2, 2014, 02:47 PM
Feb 2014

That article is about state sales tax, not federal sales tax.

They have an anachronistic federal income tax exemption that is completely irrelevant because they would pay no income tax regardless of how their entity is registered (nonprofit, S-corp, C-corp, doesn't matter).

THEY WOULD NOT PAY STATE OR FEDERAL INCOME TAXES REGARDLESS OF THE EXEMPTION! They could be registered in Turkey or North Korea, you don't pay income tax in any country/state if you have losses.

Does that make sense?

Recommendations

0 members have recommended this reply (displayed in chronological order):

This has been debunked numerous times LittleBlue Feb 2014 #1
The Subsidies are extensive, unusual, unfair and occur at all levels. Jesus Malverde Feb 2014 #2
Once again, another myth LittleBlue Feb 2014 #3
+1000 Sissyk Feb 2014 #7
The thing is LittleBlue Feb 2014 #9
follow along... I said at all levels... Jesus Malverde Feb 2014 #8
I thought the DoD suspended flyovers at sporting events. cherokeeprogressive Feb 2014 #13
This year will feature a a U.S. Army rotary-wing aircraft flyover Jesus Malverde Feb 2014 #17
From your link as provided in your post #5: Cerridwen Feb 2014 #10
I haven't made it through the RT piece yet but it's got gems like.. Jesus Malverde Feb 2014 #11
$6m in nonprofit donation LittleBlue Feb 2014 #16
The article does not support what the link provider thinks it supports. Cerridwen Feb 2014 #18
Yes. There's absolutely nothing wrong with what I've said LittleBlue Feb 2014 #12
Link(s), please. Cerridwen Feb 2014 #4
Sure LittleBlue Feb 2014 #5
I searched what you suggested; "NFL tax loss" with and without quotes. Cerridwen Feb 2014 #14
Right at the top of google currently LittleBlue Feb 2014 #15
Right at the top of your google search; not mine. Cerridwen Feb 2014 #19
It's difficult to explain to someone who doesn't want to understand LittleBlue Feb 2014 #21
How the NFL Fleeces Taxpayers Jesus Malverde Feb 2014 #6
Thank you for posting this truth about the NFL countryjake Feb 2014 #20
bump... nt Jesus Malverde Feb 2014 #22
The American Medical Association Jenoch Feb 2014 #23
Latest Discussions»General Discussion»How the NFL avoids paying...»Reply #12