AP FACT CHECK: Trump seems unaware NFL pays taxes
AP FACT CHECK: Trump seems unaware NFL pays taxes
By SIMMI BUTTAR, AP Sports Writer
NEW YORK — President Donald Trump suggested the U.S. change its tax laws to punish organizations such as the NFL if members are "disrespecting" the national anthem or flag. Actually, the NFL gave up its tax exempt status two years ago and its 32 teams pay taxes already.
TRUMP: "Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country? Change tax law!" — tweet on Tuesday morning.
THE FACTS: The NFL gave up its tax exemption for its league office in 2015. The 32 individual teams pay federal tax on all revenue, from ticket sales to merchandise to sponsorship to broadcast revenue.
READ MORE: https://www.msn.com/en-us/news/factcheck/a...
By SIMMI BUTTAR, AP Sports Writer
NEW YORK — President Donald Trump suggested the U.S. change its tax laws to punish organizations such as the NFL if members are "disrespecting" the national anthem or flag. Actually, the NFL gave up its tax exempt status two years ago and its 32 teams pay taxes already.
TRUMP: "Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country? Change tax law!" — tweet on Tuesday morning.
THE FACTS: The NFL gave up its tax exemption for its league office in 2015. The 32 individual teams pay federal tax on all revenue, from ticket sales to merchandise to sponsorship to broadcast revenue.
READ MORE: https://www.msn.com/en-us/news/factcheck/a...
