The National Football League is one of the most profitable businesses in America, yielding almost 10 billion dollars in annual revenue – yes, billion. With a B. So why is the NFL considered a tax-exempt nonprofit, meaning they pay absolutely nothing in taxes?
As Americans like you and me prepare to pay our taxes, it really makes me angry that every single one of us will pay more than a gigantic business like the NFL. Other sports leagues like the NBA and MLB pay their fair share in taxes, so why shouldn't the NFL?
I'm proud that a State Senator in my home state, Brad Hoylman, has introduced a new bill in the New York legislature that would effectively revoke the NFL’s nonprofit status. The NY legislature has this power because the NFL is headquartered in New York City – in fact, in the same district that Senator Hoylman represents.
I started a petition on Change.org calling on the New York legislature to pass Senator Hoylman's bill to strip the NFL of its tax-exempt nonprofit status. Will you click here to sign?
Nonprofit laws are supposed to help organizations that serve the public good, organizations that need the money they would have paid in taxes to do important, charitable work. I like football like millions of other Americans, but I don't think anyone in America would see the NFL as a charitable organization! It just doesn't make sense that the NFL would get the same financial protections as a soup kitchen.
There's an obvious reason why the NFL enjoys its tax-free privileges: The NFL spends more money on lobbying than any other sports league.
The NFL might have more money than you or me, but that doesn't mean we can't make our voices heard. Last year, a petition to Congress on this issue got more than 400,000 signatures. I know that if we can put that same kind of pressure on the New York state legislature, we can solve this issue for good.
Click here to sign my petition calling on the New York state legislature to revoke the NFL's tax-exempt non-profit status.
Thanks,
Bill Wolfsthal
New York, New York