College Football Teams Are Worried About Tax Reform

[NuttinItUp]

Current law allows 80 percent of donations for seat reservations to be tax deductible. New tax plan would do away with that. Athletic departments are worried. People from LSU are quoted as being worried:

https://www.bloomberg.com/news/articles/2017-11-17/your-college-football-team-is-very-worried-about-gop-tax-reform



Note: I wasn't sure if this should go to football or politics since it is both. I will put it here, and if a mod determines it needs to be moved, go for it.

[NaturalStateReb]

Just another bad aspect of a bad bill that, with any luck at all, will never go anywhere.

[Hoggish1]

Just another bad aspect of a bad bill that, with any luck at all, will never go anywhere.

[MultipleScoreGasms]

So we honestly believe that "ticket price extortion" for a recreational activity should be subsidized by the federal taxpayer?  BTW, like any other law, there are ways around it.