New Republican Tax Bill Slashes Benefits For The NFL

The NFL has enjoyed generous support from American tax payers for years. But now that they’ve decided to push their National Anthem protests, people want to withhold the tax cash.

The new Republican tax plan would do just that.

The Washington Times reports:

GOP bill slashes tax break for NFL, other pro sports stadiums

It’s not aimed specifically at the NFL, but the league owners who have been enjoying taxpayer help in building stadiums over the years would take a serious hit from House Republicans’ new tax overhaul.

The GOP plan would prohibit professional sports stadiums from taking advantage of tax-exempt bonds, which state and local governments often float for important public works projects.

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Generally used for roads, hospitals and the like, a number of communities have extended them to help out sports teams, usually as a way of enticing a team to stay in a community.

Axing the break would save $200 million over the next decade, according to early estimates.

The NFL should have thought about this a long time ago. Actions have consequences and many of their biggest fans have already abandoned them. Why should tax payers finance anything for the NFL if they don’t respect the most basic aspects of American culture?


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