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Politics Alert! House passes bill that eliminates athletic donation tax deduction
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AllTideUp Offline
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Post: #1
Politics Alert! House passes bill that eliminates athletic donation tax deduction
Is the end nigh?

College administrators worry about funding under new tax plan

Will the collective power of college admins get this tax break back into the new bill or are we entering a new world where college revenues could decrease due to new tax rules?

I think the question is; how many season ticket holders base their donation on whether or not they get this tax write-off?
11-16-2017 10:11 PM
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JRsec Offline
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RE: Politics Alert! House passes bill that eliminates athletic donation tax deduction
(11-16-2017 10:11 PM)AllTideUp Wrote:  Is the end nigh?

College administrators worry about funding under new tax plan

Will the collective power of college admins get this tax break back into the new bill or are we entering a new world where college revenues could decrease due to new tax rules?

I think the question is; how many season ticket holders base their donation on whether or not they get this tax write-off?

They'll just donate to the library and keep their seats anyway. It's a big yawn for the P5 but in the age of tight state appropriations it will be the end of some division schools, the curtailment of the FCS, and a further separation from the P5 by the G5.

States will shift their major support to their largest schools and the gate & TV money for the P5 will now just separate them more from those below them on the ladder.
11-16-2017 10:34 PM
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Gamecock Offline
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RE: Politics Alert! House passes bill that eliminates athletic donation tax deduction
Don’t see this being a big issue
11-19-2017 01:24 PM
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