More Senators Join the Cause to Strip the NFL of its Tax-Exempt Status
Sep 17, 2014 — Two new bills have been introduced that would strip the NFL of its tax-exempt status:
1. Sen. Maria Cantwell (D-Wash.) announced Tuesday that she will introduce legislation to eliminate the NFL’s tax-exempt status because of its refusal to address the name of the Washington Redskins.
2. Sen. Cory Booker (D-N.J.) has introduced legislation to strip several professional sports leagues, including the NFL, of their tax-exempt status. The bill, which is called the Securing Assistance for Victim Empowerment (SAVE) Act, seeks to raise $100 million over 10 years for domestic violence assistance programs.
Earlier this year, Senators Tom Coburn (R-Okla) and Angus King (I-Maine) introduced the PRO-Sports Act to address this issue on the premise that it is unfair to the American tax-payer. From Sen. Coburn: “Tax earmarks are essentially tax increases for everyone who doesn’t receive the benefit. In this case, working Americans are paying artificially high rates in order to subsidize special breaks for sports leagues. This is hardly fair.”
Please tweet them a note of support using the hashtag #SackNFLTaxBreaks.
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