CONGRESS TEES UP NEW BILL STRIPPING PGA TOUR'S TAX-EXEMPT STATUS
Barely a day after the PGA Tour shocked the world by announcing it would be joining a for-profit venture with its heretofore hated rivalthe Saudi-backed LIV Golfa Congressional bill has been introduced to strip the tour of its tax-exempt status.
On Wednesday afternoon, Rep. John Garamendi (D-Calif.), the third-ranking minority member on the House Armed Services Committee, proposed the No Corporate Tax Exemption for Professional Sports Act, which would end the PGA Tours ability to file as an IRS 501-C organization, as it has done for decades.
As Sportico noted in a story published earlier Wednesday, the PGA Tour is one of the last major American pro sports organizations to continue operating as a federal nonprofit, after the NFL voluntarily converted to for-profit status in 2015.
Over the last 15 years, there have been several bills proposed, mostly by Republicans, that would change the Internal Revenue Code to disallow pro sports organizations earning more than $10 million in annual revenue from availing themselves of tax-exempt status.
In a statement to Sportico, Garamendi couched his rationale for the legislation in geopolitical terms.
https://www.sportico.com/leagues/golf/2023/pga-tour-tax-exempt-status-congress-bill-1234725406/
Baitball Blogger
(46,700 posts)ProudMNDemocrat
(16,784 posts)Give me a break!
One reason I do not watch golf.
Escurumbele
(3,386 posts)Not only are they non-profit, but a ton of the people who work during tournaments, where players are making millions of dollars, are volunteers, if they are lucky they get the polo shirts they wear and some tournaments, like the Arnold Palmer, gives them a free tee-time, which is about $150.00.
They do bring sponsors who give money to the communities where the tournament is played though, so a lot of good comes from it.
The one issue they will have now is using the message that "one of the beauties of Golf is that it mimics life, there are good and bad days in Golf (which is true) and the effects of one's decisions shapes the outcome." which of course mimics life. But how do they sell now their "Core Values" (honesty, integrity, sportsmanship, respect, confidence, responsibility, perseverance, courtesy and judgment.) where most, if not all, of those values have been crashed by Jay Monahan (PGA Commissioner) in one scoop?
PJMcK
(22,032 posts)Golf is a fiendishly wonderful game. I love to play.
This merger will destroy the game. It wont grow it. Monahan has screwed the pooch with this act. Im sure he personally stands to get a chunk of the Saudis blood-money. Such blatant hypocrisy!
yellowdogintexas
(22,250 posts)of the Colonial Country Club (in Fort Worth); this was my sixth year. Temps are paid.
The volunteers come from all over, many of them are employees or retirees working at their employer's tent/viewing stand/venue out on the course.
Yes, I do get a pair of nice polo shirts (I have a dozen now), a nice little paycheck, and get to meet lots of really nice people from all over the country who come to our tournament.. I will continue to do this as long as I'm able to do it. One of the highlights of my year.
whopis01
(3,510 posts)The NBA still is a non-profit org.
Sports clubs can be 501c3 organizations. Many of the professional sports organizations have taken advantage of that for years.
So yeah - organizations run by millionaires for the purposes of making millions can be non-profit.
CrispyQ
(36,457 posts)There's so much people would be outraged about if they only knew.
whopis01
(3,510 posts)DENVERPOPS
(8,810 posts)that private country clubs/golf courses are non profit or tax exempt???????? I wonder if that is true........
whopis01
(3,510 posts)Which is the category for social and recreational clubs.
PatSeg
(47,403 posts)had no idea it was a non-profit and most of them will not be happy about it. This is long overdue.
Rebl2
(13,492 posts)Idea they were non-profit. They certainly shouldnt be.
SouthernDem4ever
(6,617 posts)Escurumbele
(3,386 posts)effects of his treasonous and backstabbing decision.
Ilsa
(61,694 posts)a deal he cannot refuse.
bucolic_frolic
(43,133 posts)Escurumbele
(3,386 posts)It is a scam on the tax payers. For politicians it is an photo-op and nothing else.
Igel
(35,300 posts)The NFL is non-profit.
The NFL does not own football teams.
*Teams* have stadiums built and get the money.
Think of the NFL and NBA as the net that holds all the for-profit corps in one body.
But the NFL (NBA, etc.) also has a *for*-profit division that pays taxes. Because the "net" holding all the orgs together isn't necessarily the same promoting the "NFL" brand (wait, is there an NFL brand? ...)
Scrivener7
(50,949 posts)SunSeeker
(51,550 posts)The PGA only cares about making money, they clearly are not a "non-profit."
yellowdogintexas
(22,250 posts)to a charity in each city where tournaments are held
https://www.charitynavigator.org/ein/592774423
https://www.charlesschwabchallenge.com/charities List of non profits receiving funds from the Fort Worth tournament.
The list is not identical every year.
https://dfw501c.com/charles-schwab-challenge-names-its-charity-of-the-year/?
The Charles Schwab Challenge has made a charitable impact of more than $150 million on over 150 different organizations during the past two decades. The PGA TOUR assists approximately 3,000 charities each year. Virtually all tournaments are organized as non-profit organizations to maximize charitable giving, and to date, tournaments across all Tours have generated more than $3.2 billion.
More_Cowbell
(2,191 posts)I don't see why ANY organization should, in lieu of paying taxes, get to pick and choose where it will donate.
They should pay their taxes and let the funds get distributed like everyone else does. I don't get to say "I don't want my tax dollars going to fund defense spending."
Charitable giving is a big hoax for corporations.
Igel
(35,300 posts)But I still pay taxes.
If I donate enough, it's tax deductible.
That's part of "civil society"--not the large non-profits, but having individuals also have a say with other individuals, not always mediated through government employees.
3catwoman3
(23,973 posts)dont go if you are against reproductive choice.
Traildogbob
(8,716 posts)Presidents race, Phil MicKelson was on the news bitching that he would have to quit golf because Obamas tax plan would bankrupt him. He never quit, never succumbed to tax hell and is one of the richest golfers alive, he left PGA and signed up with LIV. Was paid hundreds of millions. And he is under the tax rate of billionaires which means he pays little to zero.
Real GQP Patriot, fuck those pricks. Why trump loves golf so much, the richest assholes there are gather to scheme to get more money and pay no taxes.
Stop the tax exempt bullshit across the board, churches included. Most those exemptions go to assholes trying to destroy democracy and own the country, while paying zero taxes and take everything from us. And fuck you Phil!!
PCIntern
(25,535 posts)If a registered Democrat who was a dog catcher were elected in Nebraska, they they would start incessant whining saying that it would undermine the integrity of the nuclear silos there, and we were all going to die.
gab13by13
(21,312 posts)in Canada where they were playing in the Canadian Open. According to reports, 90% of the PGA golfers at that meeting were opposed to the merger. They aren't all assholes, Tiger Woods turned down 800 million dollars to join and I'm sure that Rory McIlroy turned down big bucks, but yeah, fuck Phil and fuck Jack Nicklaus. At that meeting, by the way, the majority wanted the commissioner to resign.
The majority of the PGA players did not kiss Saudi Arabia's ass.
I read that and really admire those opposed. Much respect for them. Wouldnt be surprised if Saudi buys an NFL team. Washington Commanders needs a slightly less corrupt owner, and SA could be close to their owned politicians.
Right now America has a huge For Sell sign on it. And realtors are flying balloons over it to show their clients (Russia and Saudi) for bidding wars.
SouthernDem4ever
(6,617 posts)Don't know if it's possible, but I can dream. Until then, pro golf is off my list.
CrispyQ
(36,457 posts)If we taxed the richest people in the country,
they'd still be the richest people in the country.
Traildogbob
(8,716 posts)yellowdogintexas
(22,250 posts)certainly remember that. At the time he did advertising for drug called Enbrel, which I was taking at that time. I thought he was a jerk. You are making millions golfing and you have side gigs doing ads for a pharmaceutical company. You can afford to pay taxes in this country!
AllaN01Bear
(18,160 posts)please do not paint with a broad brush. thank you.we have a very active food bank. when there are fires in the area and people who lost everything , our thrift store kicks into high gear and allows people to get clothes and things for free. we also support a shower bus. what have u done to help the poor?
Traildogbob
(8,716 posts)I have done more than we have time to discuss and continue to do. But I still pay taxes. I stand by freedom of religion, until they start creating laws and demand we all follow their religious beliefs. And I will remove the broad brush when the GOOD religions speak out against the massive grift a huge majority of them are. Kudos for you and your church. It seems to be a pillar of your community. And your congregation will end up where the likes of ole Pat is not. I get your point, you do it right, but the mega billion dollar churches that want to rule the country through legislation need to pay taxes. Its a shame small churches that do right, live by Christ's teachings and get stuck in with the Pat type BS. And as I tell my Christian family, all GQP, name me what GQP does that follow those teachings. Name one commandment trump has not broken. They cant. When I see a church stand up and speak out, vigorously about the cult that are nothing but thieves, I would join that church. There are hundreds of religious channels on Sat TV and cable. With that platform how many voice opposition to GOD personally sending trump as his peep?
Good on you and your church, until you want to create laws and policies that I will pay for while you get tax exempt status.
If the religion wants to be the government and make rules, then they must help pay for the things they demand the rest of us pay for.
We do need many more like your congregation. And you are an extreme minority.
Lots of bibles were in hand when the Native Americans were slaughtered and while beating and hanging black slaves. Preaching, this is gods will. And are now welcoming ole Pat at whatever gate they are behind.
yellowdogintexas
(22,250 posts)going to adhere to the separation of church and state and keep politics out of everything that is officially said. These churches and their staff prefer to be judged by actions, not words.
Our (very large) United Methodist Church did not even bring up the discussion of leaving the UMC. Our recently retired senior minister has spent the last year helping start up a new progressive congregation in a very red area of our county.
AllaN01Bear
(18,160 posts)a friend of mine once went to a well known mega church with 500 per service and she asked what do u do for the poor , their response was , o "them" and out of her mouth came the parable of the camel fitting through a needle . their mouths dropped .
Traildogbob
(8,716 posts)Shoeless Louis
(73 posts)Skittles
(153,150 posts)you don't need religion to help people
oh, and what have I done - for example, I have donated 62 GALLONS of platelets to help save lives....all without the guy in the sky
gab13by13
(21,312 posts)Paul Rieckoff was a guest, he called the PGA people who merged with LIV, traitors.
tanyev
(42,552 posts)all those Republicans that proposed bills in the past will suddenly realize they're opposed to it.
TheRickles
(2,057 posts)tornado34jh
(919 posts)IOC, FIFA, now PGA, they sold out a long time ago. Don't get me wrong, I like watching sports, but I am just amazing at how much people are willing to sell themselves for money even if it is being part of something funded by questionable people.
twodogsbarking
(9,734 posts)Mopar151
(9,980 posts)twodogsbarking
(9,734 posts)Farmer-Rick
(10,156 posts)I get a month as survivor benefits, while a $10 Million a year sports organization pays nothing.
I guess someone has to pay taxes when we let the filthy rich live Scott free.
NCjack
(10,279 posts)to pass the costs to others. Especially condo associations that put the maintenance of golf courses into the general fees that apply to all association members, including those that don't golf.
Golfing is a racket that should be taxed.
Traildogbob
(8,716 posts)January. He lived in Augusta. As we tried to clean his house and get it ready to be taken over by reverse mortgage, I mentioned it to my dentist, a golf fanatic. He said, and this was the beginning of the Masters, we could rent it for $1,000 a day during the event. That the demand would blow my mind. Those are not hard working middle class folks. That is a whole world of extremely wealthy people that play and just wanna watch. The big cash makers are organizers and golf boards. I say fine, do your thing but merging with a terrorist state that murders its citizens for some of their cash, spitting in the faces of most Americans, thats a line crossed for tax exemption status.
And I NEVER have to be in Augusta again. Thank God.
Skittles
(153,150 posts)damn straight it is a fucking racket
niyad
(113,265 posts)F'n reason/logic?????
Lonestarblue
(9,977 posts)actually businesses. Mega churches are little more than businesses making its pastors millionaires.
No wonder we do not take in enough revenue when there seem to be tax exceptions for many businesses and wealthy peoplebut not for average workers whose every penny earned is reported to the IRS for taxation.
dlk
(11,554 posts)The Catholic Church is the largest property owner in the world, tax-free un the US.
Duppers
(28,120 posts)To begin with?
jaxexpat
(6,818 posts)It just takes treason for the GOP to pretend they're against it.
BComplex
(8,042 posts)Which is the ENTIRE Southern Baptist conference, the Catholic church, and all evangelical churches.
50 Shades Of Blue
(9,975 posts)yellowdogintexas
(22,250 posts)The rule in the religious tax exemption is that the minister(s) must not tell the congregation how they should vote. It's ok to tell them all the opinions about issues, one way or another but not try to directly influence who should get their vote.
As we all know, there are plenty of conservative far right churches where the preachers/leaders preach this stuff all the time. If the message isn't in the sermons, it is on literature handed out by members with pushcards that members take to the polls with lists of the 'correct' people to vote for.
My church (and I suspect most United Methodist Churches) adheres to the tax rules. No political organization is allowed to use any part of our facility for any purpose (we have tons of available space). You will never hear any of our staff bring up voting choices or specific issues from the pulpit. Our ministers are not personally profiting from the church - they are paid a salary which is approved by the Board.
We have a huge outreach program and our mission is chartered under a separate non profit from the church. Our Justice Ministry which provides legal and social work services to indigent women who are in abusive relationships is a different 503c non profit. The community services we provide are a very clear indicator of our stance on everything.
kimbutgar
(21,130 posts)Watching golf anymore.
She brought it up in a conversation which surprised me,
housecat
(3,121 posts)would go far balancing the budget. We need a new definition of "non-profit."
republianmushroom
(13,581 posts)3825-87867
(843 posts)If it's like penalties for business caught doing nasty, I'd be surprised if it didn't add to a "general fund" that more than likely would go to other less needful items instead of helping those who need help.
louis-t
(23,292 posts)Ferrets are Cool
(21,106 posts)when we sell BILLIONS of $$ of arms to SA.