New tax bill impact on college sports

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GratefulRed
Freshman
Posts: 17
Joined: Sat Oct 14, 2017 5:03 pm

Wed Dec 20, 2017 8:37 pm

https://www.usatoday.com/story/sports/n ... 968741001/

Interesting read. Not sure if/how much this will cost ISU but it's all going to cost donors and ticket holders.

Birdswin
Sophomore
Posts: 230
Joined: Thu Jul 20, 2017 7:58 pm

Wed Dec 20, 2017 10:25 pm

The excise tax on the highest paid coaches - is somewhat similar to a luxury tax or a "hit" for going over the salary cap. As for the destructibility of donations - this was only partially deductible to begin with AND it was only deductible IF a person itemized. When according to IRS filing records, only 30 percent of all tax payers itemized, it is possible this will not affect as many as the USA article is alluding to. In addition, the article doe snot discuss the lower tax rates and higher exemptions, which will offset the itemized deductions, unless you happen to be in something like the top 10 percent of all earners nationwide.

SgtHulka
Junior
Posts: 580
Joined: Mon Jul 17, 2017 12:41 pm

Thu Dec 21, 2017 10:47 am

I think calling it doe snot is a bit extreme. And had I known my donations were destructible, I may have second guessed making them
Last edited by SgtHulka on Thu Dec 21, 2017 11:03 am, edited 1 time in total.
RIP Frank Y, Mother Hulka, Berg, Ray F, Jim and Janet T
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Birdfan 4Life
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Location: Somewhere Out West

Thu Dec 21, 2017 10:48 am

"“I think Illinois State has a lot of potential in football that has been untapped. When it comes time to move up to [the Bowl series level], it will happen, I truly believe that with my heart." - Al Bowman April 15, 2011

fourthandshort
Senior
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Thu Dec 21, 2017 11:22 am

SgtHulka wrote:
Thu Dec 21, 2017 10:47 am
I think calling it doe snot is a bit extreme. And had I known my donations were destructible, I may have second guessed making them
normally not a fan of nitpicking posts with typos .. I've had too many to count, especially if typing from my cell phone

but this was well played Sgt !!
Redbird Nation Rising ... Fans and donors need to get on board !!

Seeing Red
Freshman
Posts: 35
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Thu Dec 21, 2017 4:46 pm

Well done SgtHulka, that's just having some fun right there!

dpdoughbird06
Freshman
Posts: 181
Joined: Mon Jul 17, 2017 11:21 am

Fri Dec 22, 2017 10:48 am

fourthandshort wrote:
Thu Dec 21, 2017 11:22 am
SgtHulka wrote:
Thu Dec 21, 2017 10:47 am
I think calling it doe snot is a bit extreme. And had I known my donations were destructible, I may have second guessed making them
normally not a fan of nitpicking posts with typos .. I've had too many to count, especially if typing from my cell phone

but this was well played Sgt !!
Hulka sits within immediate blast radius of birdswin in the upper bowl - he knows "destructible" when he sees it! Especially with the UIC officiating crew adding lighter fluid to the mix of Redbirds trying to blow a buy game...

When will doe snot show up as active ingredient for facial scrubs in Target's high-end cosmetics aisle?

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TIMMY
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Location: 1050 W Addison

Fri Dec 22, 2017 12:15 pm

doe snots aside, ad's are buggering the pillowcase over this. including or own runny nose Larry.
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SgtHulka
Junior
Posts: 580
Joined: Mon Jul 17, 2017 12:41 pm

Fri Dec 22, 2017 3:02 pm

dpdoughbird06 wrote:
Fri Dec 22, 2017 10:48 am
fourthandshort wrote:
Thu Dec 21, 2017 11:22 am
SgtHulka wrote:
Thu Dec 21, 2017 10:47 am
I think calling it doe snot is a bit extreme. And had I known my donations were destructible, I may have second guessed making them
normally not a fan of nitpicking posts with typos .. I've had too many to count, especially if typing from my cell phone

but this was well played Sgt !!
Hulka sits within immediate blast radius of birdswin in the upper bowl - he knows "destructible" when he sees it! Especially with the UIC officiating crew adding lighter fluid to the mix of Redbirds trying to blow a buy game...

When will doe snot show up as active ingredient for facial scrubs in Target's high-end cosmetics aisle?
it's not pretty when Birdswin take offense at anything the refs do wrong. I'm 5 seats away, but I could be 5 sections away and still hear him.
RIP Frank Y, Mother Hulka, Berg, Ray F, Jim and Janet T
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Birdswin
Sophomore
Posts: 230
Joined: Thu Jul 20, 2017 7:58 pm

Sat Dec 23, 2017 8:13 am

Geez, gone a few days and heck breaks loose - ha, ha, ha. The ole Sarge is correct - I am anything but timid when it comes to refs calls or non-calls - and when our players take STUPID shots - that gets under my skin.

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