Watch the NFL Playoffs — The League is Fleecing You Whether You Do or Not
The National Football League playoffs begin this weekend, and everyone in America should watch—not simply because football is America’s most popular sport and a host of teams have solid chances to win Super Bowl 50. People should watch because most of them are paying for the league.
Some may ask, “How? Didn’t the NFL give up its tax-exempt status this year?”
While the league headquarters did choose not to file as tax exempt in April, this decision only saves taxpayers about $10 million annually (less than one tenth of 1 percent of the NFL’s revenue for the 2013-14 season). The NFL was right to call the controversy over the league’s tax-exempt status a “distraction.” It was a distraction from the real way the NFL fleeces taxpayers: costly stadium subsidies.
Read the article “Watch the NFL Playoffs — The League is Fleecing You Whether You Do or Not” on thefederalist.com.