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Feds Mull Taxing College Sports, but Pickings Are Slim

By Harry Kimball, Newser Staff

Posted Jun 1, 2009 1:38 PM CDT

(Newser) – The Congressional Budget Office, eager for new sources of income, is considering taxation options for the nation’s collegiate athletic franchises, the Economist reports. Among the proposals are curtailing deductions for charitable donations to college sports programs; limiting tax-exempt bonds; and, most drastically, stripping the... Read full story »

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Feds Mull Taxing College Sports, but Pickings Are Slim

NCAA • recession • athletics • college sports • college basketball • Obama administration • taxation • college football

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