MacMillanwu
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| Madden NFL 24 has proven that it's solely focused on earning a profit |
However, this isn't a Madden 24 coins issue. The NCAA also claims non-profit status due to its efforts in helping student-athletes have claimed $871.6 million for 2012 and is now making record-breaking expenditures on lobbying to block these same athletes from receiving the funds. Even foot races with a small number of participants that contain huge sums of money, travel on lavish trips and pay organizers in a huge amount have claimed nonprofit status.
It's about time to get rid of the façade.
Tax-exempt status is meant to be granted to companies that are not solely focused on making a profit, specifically ones that are trying to help the public with their mission. Even if you take out this week's incidents, the Madden NFL 24 has proven that it's solely focused on earning a profit and gaining for itself and its teams. USA Today pointed out:
"If there is a justification for providing tax exemption to business clubs, it could be they operate for the public good of facilitating commerce for all within an extensive segment of some type of business or business general" said (Philip) Hackney who is the LSU law professor who previously worked as an IRS attorney who argued tax-exempt organization questions. "Commerce is important for our country and we should support those who are engaged in this field with a more public-minded way. These (sports) organizations according to me, are anything but public-minded in their business interests. They have their sights set on the earnings associated with buy mut 24 coins their franchises." |
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posted on: 08/08/2023 06:31:48 AM
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