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re: Here is complete video of panel discussing future of college sports yesterday

Posted on 3/14/24 at 9:42 am to
Posted by Gountiss
Boone, NC
Member since Aug 2012
526 posts
Posted on 3/14/24 at 9:42 am to
The Government doesn’t have much motivation to intervene because they are building a tax base from those that were usually not paying into the system. Athletes being 1099 filers don’t really have much time or knowledge of the tax code to take advantages of a lot of write offs so here we are
Posted by DEG
Atlanta
Member since Jul 2009
10541 posts
Posted on 3/14/24 at 12:58 pm to
quote:

The Government doesn’t have much motivation to intervene because they are building a tax base from those that were usually not paying into the system. Athletes being 1099 filers don’t really have much time or knowledge of the tax code to take advantages of a lot of write offs so here we are


If you think the gov is going to act in favor of its tax base, then they have huge incentive to get involved, and streamline the pay to play concept. Creating a system of fair play gets everyone involved, not just the big boys with deep pockets...and then more athletes get paid across the board.
This post was edited on 3/14/24 at 12:59 pm
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