I think most Americans don't understand the first thing about taxes otherwise they would vote far differently than they do.
I can't make you understand that taxing the revenue at one level is fair,taxing it twice would be unfair but I do understand from months of conversing with you that you consistently view the league and it's leadership as an evil $10B+entity .
ALL the after expense revenue gets taxed,who pays the tax ? the teams do,no skirting is occurring at all and FWIW you are exhibiting a lack of understanding of taxes and tax law that makes this whole discussion more about attitude than certitude.
The NFL is NOT a separate entity it's a collection of partners who share the revenue equally and are taxed on it,BTW they don't pay taxes on what they pay the players either ,the players do.
Okay, I renege on my early promise to make that my last post because I am left to defend myself and my position here.
First, let's not make this thread about me or your, okay? Mostly, because any assumptions made are almost certainly wrong. Also, 'cause in general we're trying not to do that here at ROD.
Second, the point that the NFL is merely avoiding double taxation by forming as a non-profit organization is simply not accurate, just ask New York State. By distributing money flows directly to owners the NFL not only avoids federal taxation (of NFL HQ) but ALSO avoids state taxation in New York. As the other owners are not necessarily incorporated in New York State, these are state taxes that NY does not receive. So, the NFL operates its HQ in NY but pays no state tax in NY. Even if NFL HQ was organized as an S-Corp -- where profits flow directly to shareholders and then is taxed, as was suggested earlier the thread -- the owners would be forced to pay state taxes in New York as well as in their home based state of incorporation or location or both. It's a tax avoidance issue, clearly.
Ultimately, I find it utterly duplicitous to while on the one hand put a hand out to taxpayers across this country for new stadiums and stadium upgrades while also charging premium prices for events while also organizing ones head office as a nonprofit organization. If you ask me, the public is getting squeezed at every touchpoint. So yes, while I love the game of professional football I continue to uncover evidence that demonstrates that the people running professional football are business men who don't deserve any public trust whatsoever, irrespective of all the PR niceties they pump the public with.
P.S. I hope we don't lose another thread.