But this isn't only a Madden NFL 24 problem Madden nfl 24 Coins. The NCAA is a non-profit organization that claims status because of its efforts to support student athletes, claimed $871.6 million for 2012 and is investing record amounts in lobbying efforts to block those athletes from getting any of the funds. Small foot races, which have huge sums of money, go on extravagant travel and pay organizers huge sums, claim nonprofit status.
It's time for us to stop the facade.
Tax-exempt status should be granted to organizations that are not solely focused on making a profit, specifically ones that attempt to aid people in their work. Even discounting this past week's issues, Madden NFL 24 has proven that it is solely focused on earning a profit as well as benefitting its teams. USA Today pointed out:
"If there's a rationale of tax exempting businesses, it would be they operate for the general purpose of supporting commerce across the broad spectrum of a kind of business or generally," said (Philip) Hackney who is who is an LSU law professor who has previously was an IRS attorney in the area of tax exempt-organization issues. "Commerce is essential to our nation, and we ought to encourage those engaged in it to do so in a fairly public manner. These (sports) organisations, in my opinion Buy Madden nfl 24 Coins, are anything but public-minded in their financial interests. They are focused on the profits for their franchises."
|