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Congress Might Snuff Out The Green Bay Packers
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<blockquote data-quote="JBlood" data-source="post: 574695" data-attributes="member: 16"><p>The point is that only through the release of Packers' (a non-profit entity, I believe) financials do we have any idea of NFL business. All other teams are for-profit private entities and release nothing--which I suspect is close to the tax bill any of them pay. </p><p></p><p>If it were common knowledge that teams pay virtually no taxes, federal or state, even state and city governments might act to stop the welfare checks.</p><p></p><p>Carried interest is one of the things that brought down the last Republican Presidential candidate. People are starting to catch on, which is encouraging.</p></blockquote><p></p>
[QUOTE="JBlood, post: 574695, member: 16"] The point is that only through the release of Packers' (a non-profit entity, I believe) financials do we have any idea of NFL business. All other teams are for-profit private entities and release nothing--which I suspect is close to the tax bill any of them pay. If it were common knowledge that teams pay virtually no taxes, federal or state, even state and city governments might act to stop the welfare checks. Carried interest is one of the things that brought down the last Republican Presidential candidate. People are starting to catch on, which is encouraging. [/QUOTE]
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