In 2015, the NFL chose to end their long-standing status as a tax exempt organizations. This was a good PR move, but an important asterisk to their generosity is that they can invoke their tax exempt status at any time. They chose not to invoke it recently, but that doesn’t mean they can’t.
Other large sports organizations like the NHL, PGA, and LPGA all take advantage of this loophole despite being extremely profitable.
Representative Matt Gaetz from Florida has asked that the PRO Sports Act be included in tax reform. This is a good idea that I wholeheartedly support. There are thousands of organizations in America not only shouldn’t be tax exempt but that use the money they save for political purposes. They go far beyond kneeling during the National Anthem. They all need to addressed at some point, but for now it’s good to see Representative Gaetz tacking one such loophole.
Read his write-up on his proposal at Daily Signal, then contact your representatives and let them know you support the plan:
In 2016, the Joint Committee on Taxation estimated that the PRO Sports Act would bring in over $150 million in new revenue. With America $20 trillion in debt, every dollar helps—and, more importantly, it restores some fairness to the tax code.
If players choose to protest, then I can choose not to watch. It’s as easy as turning off the television. But the tax code means that all taxpaying Americans are financially supporting pro sports, whether they want to or not.
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our new GiveSendGo. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
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I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
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