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GOP tax plan could devastate big P5 football powers ...
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jdgaucho Offline
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Post: #21
RE: GOP tax plan could devastate big P5 football powers ...
(11-16-2017 07:44 PM)HeartOfDixie Wrote:  
(11-16-2017 05:13 PM)DavidSt Wrote:  Good!!!! Let the butthurt begin for the P5 schools.

If it hurts the big guys it will really hurt the people nobody has heard of.

We never receive that money to begin with, so if anything this helps us.
11-18-2017 12:09 PM
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HeartOfDixie Offline
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Post: #22
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 12:09 PM)jdgaucho Wrote:  
(11-16-2017 07:44 PM)HeartOfDixie Wrote:  
(11-16-2017 05:13 PM)DavidSt Wrote:  Good!!!! Let the butthurt begin for the P5 schools.

If it hurts the big guys it will really hurt the people nobody has heard of.

We never receive that money to begin with, so if anything this helps us.

...

I’m not sure how to respond because I’m not sure you are following.
11-18-2017 12:14 PM
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jdgaucho Offline
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Post: #23
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 12:14 PM)HeartOfDixie Wrote:  
(11-18-2017 12:09 PM)jdgaucho Wrote:  
(11-16-2017 07:44 PM)HeartOfDixie Wrote:  
(11-16-2017 05:13 PM)DavidSt Wrote:  Good!!!! Let the butthurt begin for the P5 schools.

If it hurts the big guys it will really hurt the people nobody has heard of.

We never receive that money to begin with, so if anything this helps us.

...

I’m not sure how to respond because I’m not sure you are following.

UC Santa Barbara doesn't receive much in donations to athletics, ticket sales for baseball, basketball, etc. are low, and obviously we don't have football. While LSU fears potentionally losing $50 million for its athletics department because of Congress eliminating this tax deduction, the potential impact on us will be minor at worst.
(This post was last modified: 11-18-2017 12:51 PM by jdgaucho.)
11-18-2017 12:43 PM
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mturn017 Offline
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Post: #24
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 11:42 AM)JRsec Wrote:  
(11-18-2017 08:26 AM)mturn017 Wrote:  
(11-16-2017 09:01 PM)JRsec Wrote:  
(11-16-2017 04:55 PM)Hokie Mark Wrote:  I'd guess that most who donate to college athletics would do so even if it wasn't tax deductible. The only difference is they'll have a little less money to donate... probably not a big deal either way, however.

And before anyone goes there, I'm not saying if they should or shouldn't change this tax law -- I'm just an average guy who pays his taxes every year. The politicians didn't ask my opinion and, frankly, probably don't care for it anyways. But you guys are a different - you value all opinions!

(right?)
07-coffee3

What most folks forget Mark is that the "rising tide floats all boats" effect impacts the smallest boats the most. The Alabama's, Ohio State's, Michigan's and Clemson's of the world will still fund football better than anyone else. But all schools will be hit proportionately. So it doesn't take a rocket scientist to figure out the smaller programs will suffer disproportionately by this tax change.

They will also suffer secondarily even more. When state appropriations are made for the schools allocations will head to the schools with the largest alumni bases disproportionately as well. Elected representatives count votes and respond to what ticks people off the most. And has been pointed out above it won't really affect corporate donations which now comprise a significant % of the donated revenue. So since corporations want their logo before as many people as possible, and since the largest alumni bases control the most votes, state appropriations will follow and follow in a manner designed to please the largest % of the registered voters. So small state directional U will be cut to make sure Big State U gets what it needs.

The P5 will suffer, but not nearly as much as the G5 who will suffer much less than FCS and Division schools. It means that gate and TV money will become slightly more of the % of overall revenue. And those who have the largest gate take, and make the most in TV revenue will simply have fewer to compete with for the top players. Small state schools will lose sports programs, privates will find it harder to compete, and what people call the P5 will win the political lottery for funds at a time of shrinking state budgets.

For all of those seeking schadenfreude at the expense of the P5 the graves they are mentally digging for the P5 will become the financial pits that are used to bury them.

I'm not so sure. Have you seen the attendance at most of these schools? You can probably walk up on game day and get pretty good tickets. The donations coming in there are truly charitable. The bigger schools have an arms race to get good seats. If you're giving 1,000 and lose your deduction you'd be more likely to shrug it off than if you're giving 10,000.

A lot of people I know pool thier money anyway to create one"club" account and get a higher status than they could afford individually. In these cases only one person would be due a deduction.

You need to study the ticket sales model of the top schools to understand your situation better. We can't pool to create a better account. Donations just to get a pair of tickets in the end zone start at $800 for the 5 to the 20's and upper decks it might go to $1200, for better seats its $2500 & way way up from there for box seats and the sky boxes are mostly corporate and will stay that way since they can write it off as business expense. And none of those contributions cover the cost of the pair of season tickets which is another $1100.

And since most of those deductions are indexed or only 50% applicable it really won't affect the big schools that much. They'll have to scale back their 100 million dollar budgets by about 10% or at most 15% and if it hits everyone the competition level remains the same.

Besides before it is over with there will be a workaround that actually benefits the school instead of the athletic department. The concept of priority will never go away as it is as old as civilization.

Anybody can pool thier donations, happens all the time. Say you your brother and a friend all want tickets. You and your brother give money to your friend, he's the official club member and buys a block of tickets. To your other points, sky boxes aren't deductible for businesses beyond what a normal ticket costs and businesses are constrained by the same contribution rules as individuals. So if they receive rights to buy tickets for thier contributions then it's limited in the same way. Businesses can write off 50% of the cost of tickets themselves if it's for entertainment purposes which you can't for personal use but also in the house bill is the elimination of the entertainment deduction. But how, if at bigger schools you have to make a donation just for emdzone tickets and at smaller schools you don't will this have a bigger effect on smaller schools?
11-18-2017 01:21 PM
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quo vadis Offline
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Post: #25
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 12:43 PM)jdgaucho Wrote:  
(11-18-2017 12:14 PM)HeartOfDixie Wrote:  
(11-18-2017 12:09 PM)jdgaucho Wrote:  
(11-16-2017 07:44 PM)HeartOfDixie Wrote:  
(11-16-2017 05:13 PM)DavidSt Wrote:  Good!!!! Let the butthurt begin for the P5 schools.

If it hurts the big guys it will really hurt the people nobody has heard of.

We never receive that money to begin with, so if anything this helps us.

...

I’m not sure how to respond because I’m not sure you are following.

UC Santa Barbara doesn't receive much in donations to athletics, ticket sales for baseball, basketball, etc. are low, and obviously we don't have football. While LSU fears potentionally losing $50 million for its athletics department because of Congress eliminating this tax deduction, the potential impact on us will be minor at worst.

Yes, which is why it is a big threat to P5 not G5.
(This post was last modified: 11-18-2017 02:10 PM by quo vadis.)
11-18-2017 02:09 PM
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Bogg Offline
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Post: #26
RE: GOP tax plan could devastate big P5 football powers ...
Good. A ticket priced at X that requires a donation of Y to be eligible to purchase is just a ticket that costs X+Y and should be treated as such. Taxpayers shouldn't be subsidizing Saturday afternoon tailgates.
(This post was last modified: 11-18-2017 03:19 PM by Bogg.)
11-18-2017 03:18 PM
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JRsec Offline
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Post: #27
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 01:21 PM)mturn017 Wrote:  
(11-18-2017 11:42 AM)JRsec Wrote:  
(11-18-2017 08:26 AM)mturn017 Wrote:  
(11-16-2017 09:01 PM)JRsec Wrote:  
(11-16-2017 04:55 PM)Hokie Mark Wrote:  I'd guess that most who donate to college athletics would do so even if it wasn't tax deductible. The only difference is they'll have a little less money to donate... probably not a big deal either way, however.

And before anyone goes there, I'm not saying if they should or shouldn't change this tax law -- I'm just an average guy who pays his taxes every year. The politicians didn't ask my opinion and, frankly, probably don't care for it anyways. But you guys are a different - you value all opinions!

(right?)
07-coffee3

What most folks forget Mark is that the "rising tide floats all boats" effect impacts the smallest boats the most. The Alabama's, Ohio State's, Michigan's and Clemson's of the world will still fund football better than anyone else. But all schools will be hit proportionately. So it doesn't take a rocket scientist to figure out the smaller programs will suffer disproportionately by this tax change.

They will also suffer secondarily even more. When state appropriations are made for the schools allocations will head to the schools with the largest alumni bases disproportionately as well. Elected representatives count votes and respond to what ticks people off the most. And has been pointed out above it won't really affect corporate donations which now comprise a significant % of the donated revenue. So since corporations want their logo before as many people as possible, and since the largest alumni bases control the most votes, state appropriations will follow and follow in a manner designed to please the largest % of the registered voters. So small state directional U will be cut to make sure Big State U gets what it needs.

The P5 will suffer, but not nearly as much as the G5 who will suffer much less than FCS and Division schools. It means that gate and TV money will become slightly more of the % of overall revenue. And those who have the largest gate take, and make the most in TV revenue will simply have fewer to compete with for the top players. Small state schools will lose sports programs, privates will find it harder to compete, and what people call the P5 will win the political lottery for funds at a time of shrinking state budgets.

For all of those seeking schadenfreude at the expense of the P5 the graves they are mentally digging for the P5 will become the financial pits that are used to bury them.

I'm not so sure. Have you seen the attendance at most of these schools? You can probably walk up on game day and get pretty good tickets. The donations coming in there are truly charitable. The bigger schools have an arms race to get good seats. If you're giving 1,000 and lose your deduction you'd be more likely to shrug it off than if you're giving 10,000.

A lot of people I know pool thier money anyway to create one"club" account and get a higher status than they could afford individually. In these cases only one person would be due a deduction.

You need to study the ticket sales model of the top schools to understand your situation better. We can't pool to create a better account. Donations just to get a pair of tickets in the end zone start at $800 for the 5 to the 20's and upper decks it might go to $1200, for better seats its $2500 & way way up from there for box seats and the sky boxes are mostly corporate and will stay that way since they can write it off as business expense. And none of those contributions cover the cost of the pair of season tickets which is another $1100.

And since most of those deductions are indexed or only 50% applicable it really won't affect the big schools that much. They'll have to scale back their 100 million dollar budgets by about 10% or at most 15% and if it hits everyone the competition level remains the same.

Besides before it is over with there will be a workaround that actually benefits the school instead of the athletic department. The concept of priority will never go away as it is as old as civilization.

Anybody can pool thier donations, happens all the time. Say you your brother and a friend all want tickets. You and your brother give money to your friend, he's the official club member and buys a block of tickets. To your other points, sky boxes aren't deductible for businesses beyond what a normal ticket costs and businesses are constrained by the same contribution rules as individuals. So if they receive rights to buy tickets for thier contributions then it's limited in the same way. Businesses can write off 50% of the cost of tickets themselves if it's for entertainment purposes which you can't for personal use but also in the house bill is the elimination of the entertainment deduction. But how, if at bigger schools you have to make a donation just for emdzone tickets and at smaller schools you don't will this have a bigger effect on smaller schools?

My comment stands. The aforementioned donation levels are for a big frigging block of 2 seats in the SEC. That's what I meant by learning more about ticket contributions beyond your own.

I didn't say that at ODU you couldn't do it. But no, you can't do it in the SEC outside of buying student tickets together as a fraternity or sorority (and those are limited by class distinction (JR, SR etc.) or in a corporate sky box where buying the box buys the block. But then those (depending on the school) will be in the 50,000 to 100,000 and up range. So I somehow don't think a group of buddies can or will be able to afford that corporate block like they do at ODU.
(This post was last modified: 11-18-2017 04:09 PM by JRsec.)
11-18-2017 04:03 PM
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HeartOfDixie Offline
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Post: #28
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 12:43 PM)jdgaucho Wrote:  
(11-18-2017 12:14 PM)HeartOfDixie Wrote:  
(11-18-2017 12:09 PM)jdgaucho Wrote:  
(11-16-2017 07:44 PM)HeartOfDixie Wrote:  
(11-16-2017 05:13 PM)DavidSt Wrote:  Good!!!! Let the butthurt begin for the P5 schools.

If it hurts the big guys it will really hurt the people nobody has heard of.

We never receive that money to begin with, so if anything this helps us.

...

I’m not sure how to respond because I’m not sure you are following.

UC Santa Barbara doesn't receive much in donations to athletics, ticket sales for baseball, basketball, etc. are low, and obviously we don't have football. While LSU fears potentionally losing $50 million for its athletics department because of Congress eliminating this tax deduction, the potential impact on us will be minor at worst.

Oh, well why didn’t you just say that the exception disproves the rule?
11-18-2017 04:16 PM
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mturn017 Offline
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Post: #29
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 04:03 PM)JRsec Wrote:  
(11-18-2017 01:21 PM)mturn017 Wrote:  
(11-18-2017 11:42 AM)JRsec Wrote:  
(11-18-2017 08:26 AM)mturn017 Wrote:  
(11-16-2017 09:01 PM)JRsec Wrote:  What most folks forget Mark is that the "rising tide floats all boats" effect impacts the smallest boats the most. The Alabama's, Ohio State's, Michigan's and Clemson's of the world will still fund football better than anyone else. But all schools will be hit proportionately. So it doesn't take a rocket scientist to figure out the smaller programs will suffer disproportionately by this tax change.

They will also suffer secondarily even more. When state appropriations are made for the schools allocations will head to the schools with the largest alumni bases disproportionately as well. Elected representatives count votes and respond to what ticks people off the most. And has been pointed out above it won't really affect corporate donations which now comprise a significant % of the donated revenue. So since corporations want their logo before as many people as possible, and since the largest alumni bases control the most votes, state appropriations will follow and follow in a manner designed to please the largest % of the registered voters. So small state directional U will be cut to make sure Big State U gets what it needs.

The P5 will suffer, but not nearly as much as the G5 who will suffer much less than FCS and Division schools. It means that gate and TV money will become slightly more of the % of overall revenue. And those who have the largest gate take, and make the most in TV revenue will simply have fewer to compete with for the top players. Small state schools will lose sports programs, privates will find it harder to compete, and what people call the P5 will win the political lottery for funds at a time of shrinking state budgets.

For all of those seeking schadenfreude at the expense of the P5 the graves they are mentally digging for the P5 will become the financial pits that are used to bury them.

I'm not so sure. Have you seen the attendance at most of these schools? You can probably walk up on game day and get pretty good tickets. The donations coming in there are truly charitable. The bigger schools have an arms race to get good seats. If you're giving 1,000 and lose your deduction you'd be more likely to shrug it off than if you're giving 10,000.

A lot of people I know pool thier money anyway to create one"club" account and get a higher status than they could afford individually. In these cases only one person would be due a deduction.

You need to study the ticket sales model of the top schools to understand your situation better. We can't pool to create a better account. Donations just to get a pair of tickets in the end zone start at $800 for the 5 to the 20's and upper decks it might go to $1200, for better seats its $2500 & way way up from there for box seats and the sky boxes are mostly corporate and will stay that way since they can write it off as business expense. And none of those contributions cover the cost of the pair of season tickets which is another $1100.

And since most of those deductions are indexed or only 50% applicable it really won't affect the big schools that much. They'll have to scale back their 100 million dollar budgets by about 10% or at most 15% and if it hits everyone the competition level remains the same.

Besides before it is over with there will be a workaround that actually benefits the school instead of the athletic department. The concept of priority will never go away as it is as old as civilization.

Anybody can pool thier donations, happens all the time. Say you your brother and a friend all want tickets. You and your brother give money to your friend, he's the official club member and buys a block of tickets. To your other points, sky boxes aren't deductible for businesses beyond what a normal ticket costs and businesses are constrained by the same contribution rules as individuals. So if they receive rights to buy tickets for thier contributions then it's limited in the same way. Businesses can write off 50% of the cost of tickets themselves if it's for entertainment purposes which you can't for personal use but also in the house bill is the elimination of the entertainment deduction. But how, if at bigger schools you have to make a donation just for emdzone tickets and at smaller schools you don't will this have a bigger effect on smaller schools?

My comment stands. The aforementioned donation levels are for a big frigging block of 2 seats in the SEC. That's what I meant by learning more about ticket contributions beyond your own.

I didn't say that at ODU you couldn't do it. But no, you can't do it in the SEC outside of buying student tickets together as a fraternity or sorority (and those are limited by class distinction (JR, SR etc.) or in a corporate sky box where buying the box buys the block. But then those (depending on the school) will be in the 50,000 to 100,000 and up range. So I somehow don't think a group of buddies can or will be able to afford that corporate block like they do at ODU.

Well if you can only get two tickets then that part of your comment stands but that doesn't really demonstrate your point about the change effecting small schools more. It really just shows there's more exposure for loss per donor in the SEC. And maybe you should learn some more about the tax code.

Edit: So I checked out the Roll Tide athletic website and it says that allotment amounts are determined by giving points. Soooo it'd kinda make sense to pool your points huh?
(This post was last modified: 11-18-2017 05:38 PM by mturn017.)
11-18-2017 05:13 PM
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JRsec Offline
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Post: #30
RE: GOP tax plan could devastate big P5 football powers ...
(11-18-2017 05:13 PM)mturn017 Wrote:  
(11-18-2017 04:03 PM)JRsec Wrote:  
(11-18-2017 01:21 PM)mturn017 Wrote:  
(11-18-2017 11:42 AM)JRsec Wrote:  
(11-18-2017 08:26 AM)mturn017 Wrote:  I'm not so sure. Have you seen the attendance at most of these schools? You can probably walk up on game day and get pretty good tickets. The donations coming in there are truly charitable. The bigger schools have an arms race to get good seats. If you're giving 1,000 and lose your deduction you'd be more likely to shrug it off than if you're giving 10,000.

A lot of people I know pool thier money anyway to create one"club" account and get a higher status than they could afford individually. In these cases only one person would be due a deduction.

You need to study the ticket sales model of the top schools to understand your situation better. We can't pool to create a better account. Donations just to get a pair of tickets in the end zone start at $800 for the 5 to the 20's and upper decks it might go to $1200, for better seats its $2500 & way way up from there for box seats and the sky boxes are mostly corporate and will stay that way since they can write it off as business expense. And none of those contributions cover the cost of the pair of season tickets which is another $1100.

And since most of those deductions are indexed or only 50% applicable it really won't affect the big schools that much. They'll have to scale back their 100 million dollar budgets by about 10% or at most 15% and if it hits everyone the competition level remains the same.

Besides before it is over with there will be a workaround that actually benefits the school instead of the athletic department. The concept of priority will never go away as it is as old as civilization.

Anybody can pool thier donations, happens all the time. Say you your brother and a friend all want tickets. You and your brother give money to your friend, he's the official club member and buys a block of tickets. To your other points, sky boxes aren't deductible for businesses beyond what a normal ticket costs and businesses are constrained by the same contribution rules as individuals. So if they receive rights to buy tickets for thier contributions then it's limited in the same way. Businesses can write off 50% of the cost of tickets themselves if it's for entertainment purposes which you can't for personal use but also in the house bill is the elimination of the entertainment deduction. But how, if at bigger schools you have to make a donation just for emdzone tickets and at smaller schools you don't will this have a bigger effect on smaller schools?

My comment stands. The aforementioned donation levels are for a big frigging block of 2 seats in the SEC. That's what I meant by learning more about ticket contributions beyond your own.

I didn't say that at ODU you couldn't do it. But no, you can't do it in the SEC outside of buying student tickets together as a fraternity or sorority (and those are limited by class distinction (JR, SR etc.) or in a corporate sky box where buying the box buys the block. But then those (depending on the school) will be in the 50,000 to 100,000 and up range. So I somehow don't think a group of buddies can or will be able to afford that corporate block like they do at ODU.

Well if you can only get two tickets then that part of your comment stands but that doesn't really demonstrate your point about the change effecting small schools more. It really just shows there's more exposure for loss per donor in the SEC. And maybe you should learn some more about the tax code.

Edit: So I checked out the Roll Tide athletic website and it says that allotment amounts are determined by giving points. Soooo it'd kinda make sense to pool your points huh?

You can't pool your points either. But think about this logically. Those who want to attend games in the SEC will continue to do so. It won't affect giving to the schools, in fact it will likely enhance it. What it will do is diminish the giving to the athletic department which in turn will be budgeted more money by the school.

And in states like Louisiana where funds are deuce tight it means less for the other Louisiana schools and a larger share yet for L.S.U..

The Gate and TV money will continue to be a huge part of the P5 revenue. At the lower levels (Division & FCS levels) state funding is crucial. Those with the least will be affected the most. At an SEC school the mean income from all revenue sources last year was 131 million per athletic department. TV money is between 1/4th to 1/5th of the total revenue pie. We average 77,500 in attendance for each home football game. That's 11,000 more than at Big 10 games which is the second largest in attendance.

I really doubt it makes much difference. And quite frankly I think those contributions should be taxed. The change will affect everyone and it will take a year or two to make the adjustments, if that long.

In short no big deal.

At smaller schools the funding for expensive sports like football will be impacted more because TV money is much less of a factor and that means the gate, state funding, and tuition subsidies are essential. With state funding sagging nationwide for a wide variety of reasons, and tuition levels getting more and more competitive, the most important part of the equation left is gate, and donations. That will be a problem. Why? Because the super wealthy want to be seen at large upscale public events, and corporations care more about their logos being seen in large venues as opposed to smaller ones. So the skybox money & TV will be there for the P5 and Joe Q Middleclass will give to the school for his tax deduction instead of to the athletic department.
(This post was last modified: 11-18-2017 07:27 PM by JRsec.)
11-18-2017 07:25 PM
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Rube Dali Offline
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Post: #31
RE: GOP tax plan could devastate big P5 football powers ...
This isn't the biggest screw job this tax bill threatens to do to P5 schools. Please read on how this money grab threatens to destroy every graduate school in the country.
11-20-2017 06:33 PM
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ctx48c Offline
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Post: #32
RE: GOP tax plan could devastate big P5 football powers ...
(11-20-2017 06:33 PM)Rube Dali Wrote:  This isn't the biggest screw job this tax bill threatens to do to P5 schools. Please read on how this money grab threatens to destroy every graduate school in the country.
The whole tax plan benefits major donors to the GOP.It screws big states.
Likely it will get stalled in the senate.
11-20-2017 08:06 PM
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Post: #33
RE: GOP tax plan could devastate big P5 football powers ...
(11-20-2017 06:33 PM)Rube Dali Wrote:  This isn't the biggest screw job this tax bill threatens to do to P5 schools. Please read on how this money grab threatens to destroy every graduate school in the country.

The grad student thing is awful and I'm not sure how great the lobbying will be to protect them.

When the first leaks came out I was encouraged. The idea of raising the standard deduction so more people could avoid itemizing sounded great.

Just so many oxen gored that I am not worrying about whether my athletic donations will be fully taxable because I think we are long way from anything that passes.
11-21-2017 12:26 AM
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BruceMcF Offline
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Post: #34
RE: GOP tax plan could devastate big P5 football powers ...
(11-21-2017 12:26 AM)arkstfan Wrote:  When the first leaks came out I was encouraged. The idea of raising the standard deduction so more people could avoid itemizing sounded great.
It sounds great when you first hear it, but it means that the average actual tax savings will be less than the deduction increase, so it is designed to sound better than it really is ...
... and if you want to increase the executive bonus pool as well by cutting corporate taxes, you are going to have to find ways to increase taxes on middle income tax payers that soak up the rest of the savings from increasing the standard deduction.

The major impact on the G5 schools that provide much of their funding from student fees is the threatened increase in operating costs from increasing the tax liability on graduate student teaching and research assistants, who are typically being paid the minimum stipend that allows them to keep things together while in grad school, and so the increase in tax liability will have to come from the schools.

But for decades now, schools have been covering for runaway increases in admin costs by holding down the growth in academic staffing costs ... since state governments are not going to make good that increased staffing cost, and University admins are not going to impose austerity on themselves, it will have to come from tuitions.

Steep tuition increases will put on pressure to look for cuts to student fees to cushion the blow.
11-21-2017 12:55 AM
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Post: #35
RE: GOP tax plan could devastate big P5 football powers ...
(11-21-2017 12:55 AM)BruceMcF Wrote:  
(11-21-2017 12:26 AM)arkstfan Wrote:  When the first leaks came out I was encouraged. The idea of raising the standard deduction so more people could avoid itemizing sounded great.
It sounds great when you first hear it, but it means that the average actual tax savings will be less than the deduction increase, so it is designed to sound better than it really is ...
... and if you want to increase the executive bonus pool as well by cutting corporate taxes, you are going to have to find ways to increase taxes on middle income tax payers that soak up the rest of the savings from increasing the standard deduction.

The major impact on the G5 schools that provide much of their funding from student fees is the threatened increase in operating costs from increasing the tax liability on graduate student teaching and research assistants, who are typically being paid the minimum stipend that allows them to keep things together while in grad school, and so the increase in tax liability will have to come from the schools.

But for decades now, schools have been covering for runaway increases in admin costs by holding down the growth in academic staffing costs ... since state governments are not going to make good that increased staffing cost, and University admins are not going to impose austerity on themselves, it will have to come from tuitions.

Steep tuition increases will put on pressure to look for cuts to student fees to cushion the blow.

The flaw in college finance has been shifting the dollars (which were growing until the great recession) from going government to college to a model where more go government to student to college.

That made students (and parents) less price sensitive while schools increased expenses on amenities to attract students to get those dollars.

Until we go to a system where students meeting some criteria have a voucher for X dollars to present to the school that school must accept as full payment for tuition, fees, and books or reject and only accept students not needing aid, prices will continue to rise above the pace of inflation.
11-21-2017 01:20 AM
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Insane_Baboon Offline
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Post: #36
RE: GOP tax plan could devastate big P5 football powers ...
This may actually hurt the academic side of universities if schools with net positive athletics departments start receiving less money. I know some athletic departments like Texas' actually give money at the end of the year to the academic side. The athletics department may keep spending as usual, but the transferred money may dry up.
11-21-2017 03:10 AM
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