Re:NBC took Bob Costas off the Super Bowl for speaking out a...
by kelnos on Monday February 11, 2019 @05:47PM
(#19139224)
> Not only does it not pay taxes as an entity despite its CEO's $31 million dollar salary
I'd never shy away from ragging on the NFL for being a shady organization, but:
a) The NFL gave up its tax-exempt status in 2015 (and even then, it was only the head office [~$10M in new taxes paid], not the teams, that was tax exempt).
b) What does the CEO's salary have to do with it? The salary itself is taxable as income. Non-profit employees don't get to dodge the IRS. (Of course, I expect Goodell to do his best to avoid paying income tax as many wealthy people do.)
I'd never shy away from ragging on the NFL for being a shady organization, but:
a) The NFL gave up its tax-exempt status in 2015 (and even then, it was only the head office [~$10M in new taxes paid], not the teams, that was tax exempt).
b) What does the CEO's salary have to do with it? The salary itself is taxable as income. Non-profit employees don't get to dodge the IRS. (Of course, I expect Goodell to do his best to avoid paying income tax as many wealthy people do.)