12-02-2017, 05:43 AM
(12-01-2017, 11:02 PM)Boston Card link Wrote:I swear, mods. This article only deals with "mandatory donations" for preferred seats:
https://www.bloomberg.com/news/articles/...cid=SigDig
Quote:The issue revolves around donations that confer the right to buy top-tier football and basketball tickets. Modeled after seat licenses in pro sports, these contributions have historically been 80 percent tax deductible and have become one of the three main revenue streams in college sports. Ticket sales and money earned from media rights are the other two.
Without discussing the overall tax bill, I will say that this particular proposal is good policy. Seat licenses should not be tax deductable.
BC
That's correct. A sliver of sanity...
Audaces fortuna iuvat
