President Donald Trump is suggesting the U.S. change its tax laws to punish organizations like the NFL if members are “disrespecting” the national anthem or flag. The NFL gave up its federal tax-exempt status a few years ago and now files tax returns as a taxable entity. Trump tweeted : “Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country? U.S. President Donald Trump is suggesting the U.S. change its tax laws to punish organizations like the NFL if members are “disrespecting” the national anthem or flag. The NFL gave up its federal tax-exempt status a few years ago, so it’s unlikely that Trump’s proposal would change anything.
Source: thestar October 10, 2017 13:41 UTC